For Sale: The American Dream

The US housing bubble burst nearly seven years ago, but it seems the worst may be yet to come.

After a landmark settlement last year, the major banks have lifted a freeze on foreclosures and government assistance has been too little to make any significant impact.

"We are often portrayed as the bad people, like we basically just come in and make all the money from people who are in bad situations. But the fact is, if we don't buy the property then the bank [will] take the property back." - Amy Chen, a real estate investor

Public housing budgets have been slashed, leaving larger numbers of people with no place to call home.

The line between home ownership and homelessness is growing ever more blurry. Meanwhile, popular anger is rising over the perceived impunity of the banks and some have found innovative ways of fighting back in an age of austerity.

In this documentary, Fault Lines travels to Chicago and California to see how people at the front lines of the crisis are confronting the collapse of the American dream.


Finance Documentaries:  http://www.financedocumentaries.com/2013/10/for-sale-american-dream.html
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