An economic lesson on homeless

John Freund, CM
June 22, 2014

Homeless with PopeThere is an economic lesson on how much it costs to ignore homeless. Even if you don’t think society has a moral obligation to care for the least among us, a new study underscores that we have a financial obligation to do so.

Late last week, the Central Florida Commission on Homelessness released a new study showing that, when accounting for a variety of public expenses, Florida residents pay $31,065 per chronically homeless person every year they live on the streets.

Do the math! 

Leaving Homeless Person On The Streets: $31,065. Giving Them Housing: $10,051.

And this is not the first time such a study has come to this conclusion.

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