(CBS) Fortunes are won and lost in Las Vegas all the time. But the city itself has been on the losing end of the foreclosure crisis. The city's homeless population has grown from nearly 12,000 two years ago to nearly 14,000 today. Yet there are fewer than 1,000 beds in shelters, forcing many to go to extremes in seeking shelter. CBS News correspondent Seth Doane goes underneath the Vegas strip.
Las Vegas was built on the dream of striking it rich. But beneath the bright lights is a much darker world for those who've struck out.
"When we come down here a lot of times, we don't know what to expect," said Macheo Willis of HELP of Southern Nevada.
Armed with flashlights, Willis took CBS News correspondent Seth Doane into the tunnels underneath Las Vegas. They journeyed deep into a labyrinth of flood tunnels that snake for more than 200 miles, up to 20 feet below the ritzy casinos.
Down here, hundreds, maybe even a thousand, homeless people escape the desert heat and the pressures of the world above.
Mike, who's hooked on meth, says tunnel life was an adventure at first. But now, eight years later?
"What a big mistake I made," he said.
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