They claim the law limiting their sales price was enacted in 2004. If these same people had bought 3 years later, at a little higher price, say $350K, and sold in 10 years for a market price of $300K, they would be suing the government too, for not subsidizing the market price and giving them money at closing. Some people want to blame someone else for everything, and we will see a lot of blaming and suing going around when the real estate tide goes out.