Economy

Hooverville

hooverville.jpg

Tragic:

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

Nearly 61 percent of local and state homeless coalitions say they've experienced a rise in homelessness since the foreclosure crisis began in 2007, according to a report by the National Coalition for the Homeless.

Something tells me these people won't be bailed out anytime soon.

h/t Bunch