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A hair tie hobo is a old man with no home who can’t get hard and uses a hair tie to fake it while he bounces from girlfriend to girlfriend like a broke fool.
DM: 'I had to use my ex’s hair tie to get my current girl off. It’s like I’m cheating with a piece of plastic.'
Tweet: 'Hair tie hobo life: 3 girls, 1 hair tie, 0 dignity.'
Text: 'He showed up at my door with a hair tie and a smile. I know what that means.'