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

Notre Dame News

Targeted prevention helps stop homelessness before it starts

Homelessness has become an increasingly worrisome crisis in our nation over the past several years, but a new study from the University of Notre Da...