America's affordability crisis is getting worse. Average Americans are struggling to afford rent, groceries and transportation. Elise Preston reports on the economic struggle many face to even leave their home.
Breakdown
- Many Americans are struggling to afford rent, groceries, and transportation. 4s
- Some families, like Francesco Leandrade's, face long and complex commutes due to the high cost of car ownership. 18s
- One in three California families cannot make ends meet or afford basic needs. 1m 14s
- AAA reports that the average annual cost of owning a new car is over $12,000. 1m 46s
- Experts recommend paying off car loans and maintaining vehicles to help reduce transportation costs. 2m 30s