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#1
01.27.2008
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 Video: "Shanty Town" - The first tent city in the US after the housing bubble burst Video: "Shanty Town" - The first tent city in the US after the housing bubble burst Here are some videos of a tent city / shanty town that has popped up in the suburbs of Southern California. I've never seen anything like this in America since the great depression.
Last edited by WiseOne; 01.27.2008 at 04:54 PM. Reason: Fixed YouTube Code      | |||
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#2
01.28.2008
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| There was a tent city in Houston in the early 80's. During the late 70's lots of people from the rust belt came down here to work in the oil industry. When the oil market went bust, lots of them were left homeless. |
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#3
01.28.2008
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| What does this have to do with the "housing bubble"? This looks more like the aftermath of a storm to me, with the saturated ground and ravaged landscape. People can take pictures and label them any way they want. This could just as easily be Mississippi or Louisiana after Katrina. I don't buy it. |
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