pull down to refresh

$1,000 monthly stipend provided to people experiencing homelessness in Denver as part of the Denver Basic Income Project:

[2] After 10 months in the program, 44% of the participants who received $1,000 per month lived in a house or apartment they rent or own. This was higher than the 43% of the control group who secured housing without the $1,000 monthly stipend.

[2] Surveys also found that 48% of participants receiving the $1,000 monthly stipend reported having stable housing after 10 months, compared to 46% in the control group.

[2] The study estimated that the program resulted in significant cost savings for public services, as participants spent less time accessing resources like shelters, hospitals, and jails.

Monthly stipend made virtually no difference in securing housing. Stipend group was higher than control group by a trivial amount or within margin of error.

Citations:
[1] https://www.latimes.com/california/story/2024-04-30/monthly-payments-of-1-000-could-get-thousands-of-homeless-people-off-the-streets-researchers-say
[2] https://coloradonewsline.com/2024/07/05/study-no-strings-attached-cash-denver/
[3] https://www.washingtonpost.com/magazine/2022/10/24/universal-basic-income/
[4] https://www.hoppier.com/blog/what-is-a-stipend
[5] https://college.unc.edu/2021/03/universal-basic-income/

Those outcomes appear to be statistically indistinguishable.

reply

What they call statistically insignificant.

reply

Looks like it, but I didn't actually check.

reply

a trivial difference

About half secured housing with or without financial assistance after 10 months

reply

Here is a San Francisco resident with no intention of leaving

view on x.com
reply
and jails.

I call bullshit. No way that $10K over 10 months is all it took to reform criminals, such that the use of jail actually dropped.

reply

Transfer payments can change people for the better!

reply

Agree

Homeless people are criminals lol? That's triggering to SN users

I was trying to present the homeless in the most positive light possible to @0xbitcoiner

reply