Pulled up at a stoplight behind a contractor's truck covered in advertising signage describing all the services offered, one of which is "Chinese Remediation." Anyone not familiar with this area might be forgiven for assuming the contractor was offering a sideline in either language classes or a service to deport illegal immigrants.
Anyone who has been here more than three months, however, knows this is the epicenter for defective, formaldehyde-laced drywall originally imported from China. It's a legacy of the housing boom that created the bubble that crashed the market that turned a large number of homeowners upside-down in their mortgages and spiked unemployment. Houses have been remodeled, gutted, abandoned, foreclosed on, and possibly even torched by desperate owners. The lawsuits inch ever more slowly toward resolution. And affected houses are still being found every now and then.
So, here, everyone knows what "Chinese Remediation" is.
Friday, February 3, 2012
Sign of the Times
Labels:
Advertising,
Economy,
Florida Environment,
Housing Crash,
Real Estate,
Trucks
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