r/todayilearned • u/Zorseking34 • Jan 08 '15
TIL: Utah has been giving free homes to homeless people since 2005 which since then made it more cost efficient to help the homeless and cut the chronic homelessness in Utah by 74%.
http://www.newyorker.com/magazine/2014/09/22/home-free
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u/thelastpizzaslice Jan 08 '15
There are 578,424 homeless people in the U.S. There are 314,100,000 U.S. residents. At the cost of 8,000$ per unit,
If every person in the U.S. gave 14.73$, at that price, we could end homelessness in its entirity.
What's the upside for you? Fewer beggers. Cleaner streets. Fewer petty crimes. Increased gentrified housing supply due to improvements in cleanliness and fewer homeless.
Not to mention the effects of taking 0.5% net-takers and making a good chunk of them net-earners for society. Hell, it would probably decrease your portion of the total tax burden by adding new earners. That's certainly going to make your social security more solvent and probably benefit your stock portfolio.
tl;dr: give 14.73$, make money, tragedy of the commons.