Media coverage of the mortgage crisis was because the housing bubble burst in 2008. A ripple effect as the prevalence of problems of foundations of houses built during the construction boom of the 1990s. I could not imagine a house less than 10 years with a huge crack in zigzag brick. Developers, investors, real estate professionals and even individual entrepreneurs bought land and houses built with the certainty that it would be a huge return on investment of your gain.
Although fast-growing areas like Phoenix, Las Vegas and the west coast of Florida experienced the largest volume of new construction, rising property prices and easy money brought construction boom in many other parts of the country. Demand for specialty retailers exceeded supply.
Too many houses with too few inspectors
The construction boom is also an enormous pressure on elected municipal building codes and construction. These individuals and organizations responsible for quality new homes built.
In critical phases in the building, officials of the implementation of the Code should come check the sound construction practices.
Construction of low property
Another factor in increasing the number of structural problems in houses recently built, has to do with the shortage of construction is feasible. To ensure a new house on the market in a “hot” can easily choose a contractor to build the land with less than ideal characteristics for building houses. In other cases, houses are built on clay soil is very broad and saturated with heavy rains, extreme pressure on the foundations of a house whose foundation walls to crack and bow to the exercise inside.