A person who could either be a sexy hipster or a homeless person. This confusion is often caused by the tendency of hipsters to wear dirty looking, baggy, grey clothes that make them look homeless. Often, from far away, the difference between a homester and a real homeless person is imperceptible.
me: wow...look at that hot homester down the block
ema: where did he get that sexy baggy grey sweater?
(supposed homester approaches)
me: uh oh...just another homeless person