Moisture damages floor joists by making them habitable for wood-decay fungi — the organisms that turn sound framing soft, dark, and crumbling. Dry wood is safe: USDA Forest Products Laboratory research treats a wood moisture content of about 20 percent as the practical threshold to stay under, because decay fungi cannot establish in wood kept below it. Decay generally needs wood wetter than the fiber saturation point — roughly 28 to 30 percent moisture content — which a chronically damp crawl space can push framing to and hold there.
The mechanism is slow and quiet. Damp air and ground moisture raise the moisture content of the joists and subfloor above; once the wood stays wet enough for long enough, fungi digest the wood fiber and the member loses the strength it was sized for. By the time a floor feels soft or starts to sag, the decay has usually been working for a while.

