RE: Cash purchases of homes on the rise

I think a lot of people were helped, because for example, home owners didn't have rental income to cover their mortgages. Normally they would receive rent most of the months, but now they didn't have anyone renting their apartments because they had to leave the country or were stuck somewhere in the world (a lot of this happened during first wave)..
I can imagine they were defo helped by this moratorium. They also extended it and it will now end in August, but families with small children can continue using it as well as other people that are struggling financially. Honestly, it's probably one of the most helpful things they've done during the pandemic to help the people out. Unfortunately, still many businesses didn't survive, as they can't survive on being open just a few months a year. It's sad..