Study Debunks Stereotypes About Homeless People’s Spending Habits

Study Debunks Stereotypes About Homeless People’s Spending Habits

By Dr. Jiaying Zhao

The public has the wrong idea about what homeless people would do after coming into a large amount of money.

A newly published University of B.C. study in Proceedings of the National Academy of Sciences unveils this stark contrast between public perception and reality when it comes to how homeless people manage their finances.Participants in a U.S. survey of more than 1,100 people predicted that recipients of an unconditional $7,500 cash transfer would spend 81 per cent more on “temptation goods” such as alcohol, drugs and tobacco if they were homeless than if they were not.The […]

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