Austin experimented with giving people $1,000 a month. They spent the no-strings-attached cash mostly on housing, a study found.

Austin experimented with giving people $1,000 a month. They spent the no-strings-attached cash mostly on housing, a study found.

Economy Austin experimented with giving people $1,000 a month. They spent the no-strings-attached cash mostly on housing, a study found.

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Read in app Austin, Texas. A guaranteed basic income program in Austin gave people $1,000 a month for a year. Most of the participants spent the no-string-attached cash on housing, a study of the program found. Participants who said they could afford a balanced meal also increased by 17%. A guaranteed basic income plan in one of Texas’s largest cities reduced rates of housing insecurity. But some Texas lawmakers are not happy.Austin […]

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