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Originally Posted by Want2retire
The media cry and wail for Joe Average, the common hardworking homeowner and how his home is being taken from him. I think this may be a big misrepresentation. Maybe all this congressional action and otherwise is intended to protect the new INDUSTRY of flipping/speculating, not the average homeowner.
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Interesting thought Want2retire. I think it is equally fair for both the average Joe to lose his home, or the speculator/investor to loose his investment. Just because someone has less money it does not make them a victim, nor does having more money make you corrupt (immoral). In almost all cases there will always be someone "richer" than you, and someone "poorer" than you. If we start making arbitrary decisions about who is right and wrong bases upon who had more money at the time, then any of us can be victimized at any time.
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