So, we’re supposed to feel sorry for Pulte/Centex? Because they built a 1,000 ft. long, 30 FT. HIGH, retaining wall without a building permit and without engineered plans? and it collapsed.
What about the people who bought in that subdivision (Hills of Rivermist, San Antonio, Texas)? We shouldn’t feel sorry for them? They trusted Pulte/Centex, and the City of San Antonio building inspectors. Because of the retaining wall collapse, they’ve suffered material losses and mental anguish:
- Total disruption of their lives.
- Additional expenses of having your home uprooted and having to operate out of a hotel room miles away.
- Trauma to their children.
- Being left with property in a subdivision with the stigma of a collapsed retaining wall.
- Knowing that it may be next to impossible to sell without taking a huge “hit” financially.
So, we’re supposed to feel sorry for Pulte/Centex because it “…will cost about $4 million to $5 million…” for the replacement wall, and “…Homes at Rivermist were sold at an average of $200,000…” ?
We’re supposed to believe Fortune magazine? JD Power? RealEstateProArticles.com and HomeBuildingNet.com? (“…Last week, Pulte Homes Inc. was lauded by Fortune magazine as among the most admired firms in the world. Two of its home building companies, Centex and Pulte Homes, were among the top 5 firms in the home construction category. Pulte was second in the ranking while Centex, which was acquired by Pulte last year, was ranked fifth.”)
We’re supposed to believe the propaganda of those feeding at the Pulte/Centex trough? and, NOT feel sorry for the homeowners at Hills of Rivermist in San Antonio, Texas?
But, then, consider the sources.