The foundation in most homes is only 4 inches thick. This causes the foundation to crack in 8 to 10 years as the ground shifts. The house is built with cheap wood, termite treated, they claim. The house is priced at 150,000 to half a million or more dollars. Yet the house is built for under 50,000. The profit the builders make on each home is outrageous. In Louisiana and other places, hurricanes lift these homes and the insurance damages are colossal.
In India, the homes are built with a 3 feet deep foundation and 9 inch thick brick walls. The houses never burn down, the hurricane can do nothing to the house and the house never has to be insured against fire or storms. Here the insurance companies are a big scam and most homes are built out of cheap material and the insurance is high. When will this change? When will home builders give buyers the actual value of the home they purchase? I am not against the lenders taking interest nor against the home builders making a profit.
2006-09-02
09:16:37
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6 answers
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asked by
ilovegr8food
1
in
Home & Garden
➔ Other - Home & Garden