Danger: Chinese goods
During the height of the housing boom, American home builders began to rely heavily on imported Chinese drywall. Domestic supplies couldn't keep up with demand, and imported drywall looked like a godsend.
It has turned into a nightmare. Chinese drywall is the suspected cause for persistent foul smells in homes, for corrosion of metals and jewelry and for respiratory problems.
The problem has been concentrated in south Florida, where the devastation wrought by Hurricanes Katrina and Wilma in 2005 prompted huge demand for building materials. But the Consumer Product Safety Commission has received complaints from hundreds of homeowners in 19 states and the District of Columbia who say they're victims. U.S. imports of Chinese drywall peaked in 2006 at 503 million pounds, enough for 32,000 homes.
The Florida Department of Health is investigating, as is the federal safety commission. At least two home builders are replacing drywall they installed, even relocating homeowners while the work is done. We're talking about a massive job here.
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