"What astonished us was the significant positive impacts of the cash transfers. Cash recipients spent 99 fewer days in homelessness on average over one year.
That led to net cost savings of $777 per person per year. That means the cash transfers actually saved the government and taxpayers money. Cash recipients increased spending on rent, food, transit and things like furniture or a car.
Importantly, they did not increase spending on alcohol, drugs and cigarettes."
https://theconversation.com/we-gave-7-500-to-people-experiencing-homelessness-heres-what-happened-next-212960
Tom Maxwell /
npub179…5zq8u
2023-09-17 17:21:03
Author Public Key
npub179jf49hvhrjamcnfd9dnqakr7v4rvsh3tcuj75x8c6s0f3kg4mmqg5zq8uPublished at
2023-09-17 17:21:03Event JSON
{
"id": "373dda6ea58b418330498a0d3fdea47ee7d6934381d1824162b94feeb1674bb0",
"pubkey": "f1649a96ecb8e5dde269695b3076c3f32a3642f15e392f50c7c6a0f4c6c8aef6",
"created_at": 1694971263,
"kind": 1,
"tags": [
[
"proxy",
"https://mstdn.social/users/tommyyum/statuses/111081636718427227",
"activitypub"
]
],
"content": "\"What astonished us was the significant positive impacts of the cash transfers. Cash recipients spent 99 fewer days in homelessness on average over one year.\n\nThat led to net cost savings of $777 per person per year. That means the cash transfers actually saved the government and taxpayers money. Cash recipients increased spending on rent, food, transit and things like furniture or a car.\n\nImportantly, they did not increase spending on alcohol, drugs and cigarettes.\"\n\nhttps://theconversation.com/we-gave-7-500-to-people-experiencing-homelessness-heres-what-happened-next-212960",
"sig": "1d62dc6bb5a7393ba1f209bdf133648cb21a4a0f52e38a29c28aeeaab51351a519568dd9b44f9af6eb8e5b330da9a9d38674484788094381b827bdb95e27b457"
}