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Another angle on the housing crisis
Mar. 29th, 2009 02:36 pmBack in February, I said I bet the houses built towards the end of the boom are of inferior construction.
The first half hour of today's This American Life is about what happens when a luxury apartment building (granite countertops and such) was disgracefully ill-built (no foundations-- the walls were literally sinking into the dirt), not to mention somewhat about what happens to buildings when they're half-uninhabited and get no maintenance.
I'm wondering how many years there were of really bad construction.
The first half hour of today's This American Life is about what happens when a luxury apartment building (granite countertops and such) was disgracefully ill-built (no foundations-- the walls were literally sinking into the dirt), not to mention somewhat about what happens to buildings when they're half-uninhabited and get no maintenance.
I'm wondering how many years there were of really bad construction.
