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pelespirit

Minneapolis is giving people $500 a month and recipients say the no-strings-attached cash is helping them fight soaring housing costs (www.businessinsider.com)

submitted 9 months ago by pelespirit to c/politics

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The recipients also saw their food and financial security, general well-being, and psychological wellness all improve over the last year, according to the Fed report. And the cash transfers did not cause recipients to work less, a common concern with basic income programs, the report found.

It's unclear how recipients' behavior would change if the additional income were longer-term or permanent. Palmer added that she and her co-authors are curious to find out if they'll see housing outcomes that often take longer to materialize — like moving to a different neighborhood or receiving job training — later on in the program.

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[–] zzzzz 0 points 9 months ago

In related news, Minneapolis landlords raise all rents by $500.