The Curse of Defective Concrete (Mica, Pyrrhotite, etc.) in Donegal homes - Read Mod warning Post 1

Actually the shortfall is closer to 46k to 53k, as demolition and removal costs are not included.

I paid 100k, while a rebuild is 180k, yes. That is generally what happens to new builds in an area that has a massive crash in house prices.

I may have paid less than the cost to rebuild, but I cannot tell the builders "well I paid 100k, so I'm not paying any more than that to rebuild".

Read post no. 1 before posting in this thread again.

Not sure if that's even a serious question.

So just only say what the forum wants to hear? No disenting voices from anyone?

Read through the thread from post no. 1 onwards and then come back and tell us where a different opinion or viewpoint wasnt allowed.

You might also want to read the forum charter.

I'm not happy that anyone has to pay for this. The people that should be are the block manufacturers, the insurance companies and the banks. That's not happening...so here we are...again. These discussions are going round in circles.

€100k + a house isnt part of the redress scheme and is pure fantasy so we can drop that line please.

Would you be happy? Genuinely? Try to put yourself in our position. It's not easy...but try.

Mod: @VillageIdiot71 unless you change your signature to something that does not go against the mod instruction in post no. 1 you are not allowed any further posts in this thread.

Okay, maybe not the banks...even though we're still paying a mortgage on a worthless property.

I should know better than to post that.

Okay, definitely not the banks. Happy?

Yeah. You've posted what I wanted to but I've lost the will to respond to 'ahusband' a little bit.

Just wondering about this. Do holiday home owners have the support of the protesters & lobbyists?

Being honest this defect doesn't appear inside the 5 yr rule. But again the house can't be recalled. Again not all house's in Donegal have this defect. The faulty blocks as far as being proven come.from the one supplier. Until this was proven the banks had no evidence to pull a mortgage on a house for faulty blocks.

Where I come from there are certain sand pits that the blocklayers specify the sand is got from and then the plasters have a different one.

The banks can't afford to write down the value of your house. Even if you default the bank gets the house they will come after you for the rest of the money. It's basically nothing to do with the bank. They set their rules got the engineers reports got your credit history. They have done everything to make sure that you are a sound investment and gave you a loan on this. Even though your house is falling down they would still give you a loan for a car if your credit history is good. And you are up to date on the repayments.

95 % of your house is up to regs, the windows are fine the carpentry is fine the plumbing fine as long as the walls don't break the pipes. The electrics are fine.

Anyway that don't fix the problem. I know the blocks crumble when moisture gets into them, and some of the houses are basically F**Ked. But of the ones that are least effected at the moment survive, if a water proof membrane was added to the outside with another layer of insulation and then skimmed.

I'd imagine so. They've repeatedly stated, "no one left behind." I think they will be left behind though.