Richmond, California Fights Foreclosures
Taking the foreclosure crisis into its own hands, the city of Richmond is threatening an unprecedented use of eminent domain to bail out residents with underwater mortgages. The move is being contested vigorously by banks, but proponents say it would allow residents to refinance their homes at current market values and prevent future foreclosures. Eminent domain is the acquisition of private property for public use.
Also on KQED.org this week ...
KQED Coverage of Housing in the Bay Area
KQED reports on the housing crisis in the Bay Area.
Watch Short Films from the 2016 PBS Online Film Festival
Watch independent films from across the country on your browser, mobile device, and on Xbox, Roku, and Apple TV.