Credit Crunch sees Americans sleeping in cars
Posted by: delusional in Cars, Economy, Fantasy House Prices, NewsThis video from CNN details the life of a working, middle-class woman in Santa Barbara, USA who has been forced to live in her Car.
67 year old Barbara lost her well-paid fulltime former job as a mortgage notary due to the credit crunch and now works part-time for the equivalent of about £4/hour.
Unable to afford the high rent on Santa-Barbara condos and with no immediate social housing available, she now has to sleep in her SUV with her two golden retrievers.
Barbara is not alone in her predicament and Santa Barbara authorities now allow people to park their cars in designated municipal car-parks and sleep in them for the night. No other facilities are available at the car parks.
Tags: america, cnn, condos, credit crunch, economy, money, rent, santa barbara, sleeping in cars, usa
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