I just wrote the following to Mike Aguirre on his web-comment page:
Dear Mike Aguirre:
Please do not rescue flippers with this “foreclosure sanctuary” thing. I have been forced to live in miserable substandard rentals for the last 2 years because these *@$^#@ flippers have jacked the price of housing way out of my reach, and rents have also grown while my pay has not. The lovely place I lived in for 7 years now rents for half my take-home pay– unaffordable!
You should 1) only allow 1 house per person/couple to be covered, and 2) Only houses sold for $700,000 or under. That way you are more likely to help regular people who were actually trying to buy a home to live in, and not rotten rat flippers. Thank you.
