A new B.C.-based study undercuts the persistent stereotype that homeless people can't be trusted with cash, according to the lead researcher who says it also highlights a different way to respond to the crisis.
generated societal net savings of $777 per recipient via reduced time in shelter
So giving them $7500 reduced shelter costs by $8277. I would guess the total “societal cost” reduction is even higher, due to the harder to calculate indirect costs; but those are difficult to validate.
Also, there’s 99 shelter days saved per person, $777 for that period would be incredible. If you’ve got a secret to run a shelter for < $8/bed/day, you’re going to solve homelessness and the housing shortage.
From the linked study:
So giving them $7500 reduced shelter costs by $8277. I would guess the total “societal cost” reduction is even higher, due to the harder to calculate indirect costs; but those are difficult to validate.
Also, there’s 99 shelter days saved per person, $777 for that period would be incredible. If you’ve got a secret to run a shelter for < $8/bed/day, you’re going to solve homelessness and the housing shortage.