CONTAINING LINKS TO 1280 STORIES FROM THE NETWORKS' NIGHTLY NEWSCASTS
     COMMENTS: The Bottom Rung of the Housing Market

NBC's Chris Jansing showed us the tent city for California's homeless growing in Sacramento on Monday. To the south, in Santa Barbara and Los Angeles, the residence of choice for those without a residence is the recreational vehicle. "Neighborhoods look like RV parks," is the beachfront complaint in toney Venice. Jansing showed us Santa Barbara's solution is a so-called safe parking program: "People living in their cars or RVs get permits to park in designated lots overnight for up to twelve hours. It keeps them out of residential neighborhoods and they do not get tickets."

Anthony Mason introduced us to the place where "the tragedy of foreclosure turns into new hope." The business of the Real Estate Disposition Corporation is "booming," Mason showed us on CBS as he covered the auction action last Sunday, homes sold off at 60c on the dollar. REDC holds an auction somewhere around the nation almost every day. In 2008, they sold 30,000 foreclosed homes; this year they plan to bring the gavel down on 50,000.


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