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/
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/