New study gave $7,500 to 50 unhoused people.
Guess what?
"They did not spend more money on alcohol or drugs, contrary to what people believe, and instead they spent the money on rent, food, housing, transit, furniture, a used car, clothes. It's entirely the opposite of what people think they're going to do with the money."
Congrats to my UBC colleague Jiaying Zhao on this study.
#Unhoused #CashTransfers #UBC #IRES
https://bc.ctvnews.ca/a-b-c-study-gave-50-homeless-people-7-500-each-here-s-what-they-spent-it-on-1.6540030
“They did not spend more money on alcohol or drugs, contrary to what people believe, and instead they spent the money on rent, food, housing, transit, furniture, a used car, clothes. It’s entirely the opposite of what people think they’re going to do with the money.”
It’s basically rule #1 to not give an addict money, but give them things they can’t trade for material value instead.