In January, there were more real-estate agents than homes for sale in the U.S.

Re:In January, there were more real-estate agents than homes... by munk-a on Monday March 22, 2021 @03:35PM (#26545671)

I think that's a slight misreading, if we as a society, through our government, offer blanket loan forgiveness then the benefit and cost of that action can be appropriately distributed. The comment is asking for people to take the burden onto themselves and pay out to solve the crisis unilaterally which is an unproductive action at best.

Maybe Bill Gates and Bezos could execute a one time rent forgiveness program from their personal values - that might even work out pretty well in the short term, but it'd be placing too high of a burden on those two in particular.

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Re:In January, there were more real-estate agents than homes... by bananabreakfast on Monday March 22, 2021 @04:07PM (#26546166)

no one on earth has that much cash. 20K * 1M people is $20B.

All the billionaires in America do not just have that much money just laying around. This would be a budgetary concern of the federal government. No citizens could individually pay everyone's rents.

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Re:In January, there were more real-estate agents than homes... by whimsicalism on Monday March 22, 2021 @04:17PM (#26546314)

Bezos has 10 billion in cash and could easily get another 10 in loans without having to sell his shares.

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Re:In January, there were more real-estate agents than homes... by ianai on Monday March 22, 2021 @06:02PM (#26547884)

We can be charitable to their point. The most recent stimulus was 1.9T. No one outside of governments has that sort of cash.

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