Sometimes modern is not better. This newer apartment building suffers from dry rot deterioration in a number of spots, because of a lack of attention to detail in the waterproofing and flashing. You may have seen buildings covered in plastic, as parts of this one are. It’s not necessarily artwork, as many have suspected.
It’s the dreaded dryrot. Of course, it can happen to anyone. This engineer’s home recently presented him with such a surprise, and now his wallet is a few large lighter.
If you suspect something of this nature is developing in your own home, don’t delay. The signs to look for are water stains inside or outside, sagging framing, drips, etc. It may be a little costly to deal with at this point, but believe me, the cost grows rapidly if you wait.