It’s cheaper to provide last resort housing to homeless people than to leave them sleeping rough, a new cost-benefit analysis has found.
The analysis found governments and society benefit more than they spend by providing last resort housing to homeless individuals. This is mainly through reduced healthcare costs, reduced crime, and helping people get back into employment or education.
This comprehensive cost-benefit analysis was commissioned by a team of experts from the University of Melbourne, NGOs, and architecture firms. The analysis was conducted by consulting firm SGS Economics and Planning.
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Melbourne Sustainable Society Institute, The University of Melbourne 2017