Where more than 100,000 have moved in, in just the last five years, the housing crisis is growing especially acute for low income residents. And now theres growing concern that the ploddest shelter they do have may be targeted for profit. America tonights Christof Putzel explains why. Roberto and Margarita Sanchez love to throw a party. Its good times like this that help keep their Close Knit Community together. For decades, the north lamar Mobile Home Park has been a home for many latino families most of them immigrants. Tucked hind car dealership behind a freeway, the north lamar park is one of the last affordable communities in australian. Austin. Like many high technical cities austin is booming, more than 100 people move here every day. Gentrification can can be seen everywhere and the Housing Market is tight. Last year a Company Called rv horizons bought lamar, first was to raise the rent. Many own their residences but not the land blow them. What did your contract say . Now the
Years, the housing crisis is growing especially acute for low income residents. And now theres growing concern that the ploddest shelter they do have may be targeted for profit. America tonights Christof Putzel explains why. Roberto and Margarita Sanchez love to throw a party. Its good times like this that help keep their Close Knit Community together. For decades, the north lamar Mobile Home Park has been a home for many latino families most of them immigrants. Tucked hind car dealership behind a freeway, the north lamar park is one of the last affordable communities in australian. Austin. Like many high technical cities austin is booming, more than 100 people move here every day. Gentrification can can be seen everywhere and the Housing Market is tight. Last year a Company Called rv horizons bought lamar, first was to raise the rent. Many own their residences but not the land blow them. What did your contract say . Now the rent has been risen to 450, and on top of that, fees imposed,
Moved in, in just the last five years, the housing crisis is growing especially acute for low income residents. And now theres growing concern that the ploddest shelter they do have may be targeted for profit. America tonights Christof Putzel explains why. Roberto and Margarita Sanchez love to throw a party. Its good times like this that help keep their Close Knit Community together. For decades, the north lamar Mobile Home Park has been a home for many latino families most of them immigrants. Tucked hind car dealership behind a freeway, the north lamar park is one of the last affordable communities in australian. Austin. Like many high technical cities austin is booming, more than 100 people move here every day. Gentrification can can be seen everywhere and the Housing Market is tight. Last year a Company Called rv horizons bought lamar, first was to raise the rent. Many own their residences but not the land blow them. What did your contract say . Now the rent has been risen to 450, a
At a packed meeting, People Living near santa claire why University Made it clear they dont want Single Family homes turned into mini dorms. This home blocks from the university has already been convert need a mini dorm. Late tonight, city council made changes to keep familyfriendly neighborhoods in tact. Reporter People Living on park avenue say Student Housing will disrupt their relatively quiet neighborhood, which is just a sixminute walk from Santa Clara University. I was a Santa Clara University student. I love santa clara. But when you get 12 and 15 students together and parties going on in the middle of the night, it can be a problem in neighborhood. Reporter neighbors say this home is one of many being converted no a mini dorm. The house became six bedrooms sold in october, listed, approved for six bedrooms. Reporter tonight a hundred residents packed into City Council Chambers to address concerns. Among them, parking and noise. Seems Like Developers have more say with the proc
No, but i aint going to tell them. laughter them. Captioning sponsored by cbs this is the cbs evening news with scott pelley. Pelley good evening. The rockbottom Interest Rates that have pulled the economy slowly out of the Great Recession will stay in place. The Federal Reserve said today that the economy is growing but not as much as it expected. The fed predicted that growth could be only 2 this year. It was just a few weeks ago that the fed predicted it could be 2. 6 . So with unemployment still high and inflation low, the fed is giving the economy more help. Well, that news sent stock prices to record highs. The dow gained 147 points to close at 15,676. S p 500 closed at 1,725. Heres Senior Business correspondent Anthony Mason. Reporter wall street was expecting the fed to pull back on its Stimulus Campaign today. But Federal Reserve chairman ben bernanke said its still too soon. It was a step a precautionary step, if you will. Reporter the fed in its statement saw growing underly