tent city in suburbs is cost of home crisis
I found this article fascinating - evoking Hoovervilles, of course.
But Reuters… what the F with this story?!? Here’s a quote from the 5th paragraph:
While no current residents claim to be victims of foreclosure, all agree that tent city is a symptom of the wider economic downturn. And it’s just a matter of time before foreclosed families end up at tent city, local housing experts say.
So, there are no people in tent city because of the home crisis. There’s just a tent city… and a home crisis.
Have they not heard about the economic stimulus package? They’re gonna be fiiiinnnnneeeeee.
“Between railroad tracks and beneath the roar of departing planes sits “tent city,” a terminus for homeless people. It is not, as might be expected, in a blighted city center, but in the once-booming suburbia of Southern California. The noisy, dusty camp sprang up in July with 20 residents and now numbers 200 people, including several children, growing as this region east of Los Angeles has been hit by the U.S. housing crisis.”