Overpriced, Overwhelmed, Over It! Ep. 4 'Billions Wasted?'

http://www.nbcbayarea.com/overpriced

A New Streaming Series on the Golden State's Housing Crisis.

The Bay Area’s and California’s housing crisis is crazy. Shacks are selling for millions. Investors are paying all cash for homes that could go to family buyers. And generations of communities are getting priced out. Through a series of steaming reports, NBC Bay Area’s Investigative Unit reveals its year-long investigation into The Golden State’s overpriced housing market that is leaving so many Californians overwhelmed and over it.

Episode 4 'Billions Wasted': Affordable Housing Lost
Renters are shocked they are paying market rate for apartments built with taxpayer-backed loans meant for affordable rentals. The Investigative Unit goes back in time to explain how this all went down and the solutions the federal government is working on to prevent it from happening again.

Learn more about this series at: http://www.nbcbayarea.com/overpriced

Do you have a housing story or issue you’d like us to investigate next? Email [email protected].

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