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Reply #26: By predatory I mean [View All]

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cstanleytech Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-06-10 12:05 PM
Response to Reply #24
26. By predatory I mean
lenders who give out loans knowing that the buyer is likely to default.
As for the house flippers those are even easier to define, if you buy more than one house in a 2 year period and resale them then its pretty clear your flipping houses, all they need to do is tweak the tax laws a bit to to discourage the practice.
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