World's oldest affordable housing project costs just $1 per year

In Augsburg, Germany, the world's oldest affordable housing project may have the world's lowest rent: just 88 euro cents a year, or $1. The Fuggerei is a 500-year-old complex of gabled brick apartments and garden squares, built by 16th-century copper baron Jakob Fugger at a time when families in need of housing were usually left to fend for themselves. Valerie Hamilton reports.