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Nothing wrong with real stucco but what most refer to stucco now is NOT the real deal. The outer layer is fine on the new stuff...the issue arises in wet environments with the foam backer. It will wick and absorb water causing rot and an open invitation for termites to have an all you can eat buffet.
The house I grew up in was built in 72 and my parents still own the home. It is a Spanish style two story with true stucco applied to 3/4" marine plywood and imbedded with sea shells..the style is common on barrier islands and along the east coast; often referred to as Tabby. Never had any rot issues with this home and it looks as good as it did in 1970.
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1986 3.2 Carrera
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