JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.
There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.
Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.
Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.
There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.