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Tough housing market awaits California wildfire victims

SeattlePI.com Wednesday, 18 October 2017
PETALUMA, Calif. (AP) — The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. In San Francisco, an average one-bedroom apartment rents for more than $3,000 a month and the median home price is about $1.5 million. The climbing cost of living has reached the greater San Francisco Bay Area, which includes parts of the fire areas. The fires that swept through parts of seven counties were the deadliest and most destructive series of blazes in in California history. At least 41 people were killed and 6,000 homes destroyed.
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Source: CBS 11 Dallas - < > Embed
News video: Tough Housing Market Awaits California Wildfire Victims

▶ Tough Housing Market Awaits California Wildfire Victims 00:40

The many thousands who lost their houses, condos and apartments in wildfires burning in Northern California will have to find a new place to live in one of the toughest housing markets in the nation. Matt Yurus reports.

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