City Lakes Posts by Popularity

The most popular post (by far) on this blog the last few days?
Realtor April Fool’s Jokes” (so much for my conceit that my Readers are all erudite, knowledge-seeking policy wonks).


This post, which originally ran in late December:  ‘Chinese Drywall in Minnesota? New Bank Disclaimer.’

The impetus clearly was this announcement yesterday:

Homeowners should remove potentially defective Chinese drywall from their homes to prevent health and safety problems linked to noxious emissions, U.S. regulators said Friday.

The Consumer Product Safety Commission and Department of Housing and Urban Development disclosed new information they said indicated that certain Chinese drywall emitted hydrogen sulfide at rates 100 times that of non-Chinese samples, far more than earlier thought. The announcement could set the stage for Congress to compensate homeowners who face the expense of gutting their homes and replacing the drywall, officials said. One lawmaker said the U.S. should seek compensation from the Chinese government.

Chinese-made drywall, also known as gypsum or wallboard, has been under federal investigation because of complaints that the drywall emits sulfide fumes. Homeowners have complained of rotten-egg smells, corrosion of appliances and health problems such as bloody noses, headaches and respiratory issues.

The Consumer Product Safety Commission has received more than 3,000 homeowner complaints from 37 states, the District of Columbia and Puerto Rico alleging home damage from chemicals emitted from Chinese drywall.

–“U.S. Calls for Homes With Chinese Drywall to Be Gutted“; The Wall Street Journal (4/3/2010)

To the best of my knowledge — and I have not researched it — Minnesota is not one of the 37 states where complaints have been made.

My sympathies to any homeowners affected by this, no matter where they are: it sounds like a nightmare, on many counts (health issues, financial cost, litigation headaches, etc.)

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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