I agree with you FormerSanDiegan. I do think that laws need to be tightened to prevent the kind of flipping we are seeing because it can damage communities. But in the end homeowners need to be held responsible too. There are ways to stay away from flippers and investors. For example, my recent experience has taught me to be wary of all new developments because there are too many investors, buyers who are stretching their finances, and other games going on that make for an unstable neighborhood. Better to buy in an established area where the neighbors paid in the 300s for the homes, there are no investors, and where most people are there for the long haul and not many homes go up for sale.
