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Bubble Insulation

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Can anyone give me any thoughts on this "bubble type" insulation that many guys are putting under basement concrete floors in new homes? I`m a hot-water heating contractor too, but I`m losing jobs because the other guys are talking the homeowner into-it(cheaper). I`ve always pushed for the high-density sheets. I can`t see how this "bubble stuff" with foil, about 3/8 of an inch thick, can take its place. What do you guys think?

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