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>There are approximately 570,000 homeless people in the US[1]. Jeff Bezos has a net worth of $188 billion[2]. The median price of a house in the US is $218,000.
by amadeuspagel 6y ago
>There are approximately 570,000 homeless people in the US[1]. Jeff Bezos has a net worth of $188 billion[2]. The median price of a house in the US is $218,000. Jeff Bezos could buy every homeless person in the US a house at that median price, and still have $63.7 billion[3], leaving him the 5th richest person in the world[4].
What about the people living in those homes now? Where do they move? And: Wouldn't the price of homes rise if Jeff Bezos were to start buying them up?
- kerkeslager 6y agoThe post you're responding to addresses your questions in the paragraph immediately after the one you quoted.