Economy Homeless people in Vancouver were given $5,500 cash, no strings attached. They used it to secure housing and even start saving.
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Read in app An encampent in Downtown Eastside, in Vancouver, British Columbia, Canada, on April 5, 2023. Fifty homeless people in Vancouver were given a one-time, no-strings-attached stipend of Canadian $7,500 (about US $5,500). Researchers found that these people spent 99 fewer days unhoused and increased savings. Initiatives like a universal basic income program in Stockton, California, has shown similar results. Yet another study shows that poor people didn’t squander […]
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