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2024-03-20 16:22:38

Kyle Montanio on Nostr: Prevention is (almost always) cheaper than treatment, and homelessness does not break ...

Prevention is (almost always) cheaper than treatment, and homelessness does not break this rule.

Economists recently used a randomized control trial to estimate the effectiveness of giving households on the brink of homelessness cash to prevent it, $2000 on average.

The results of this temporary assistance were a 73% reduction in the risk of homelessness after one year and that each dollar spent generated $2.47 in benefits to the community.

#economics #poverty

https://news.nd.edu/news/targeted-prevention-helps-stop-homelessness-before-it-starts/
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