Letters: Stop the house flipping
Re “Flipping again for SoCal housing,†July 29
As Americans, we’ve let ourselves be convinced that profit is sacred. We act as if anyone who can figure out a way to make money should be allowed to do it. But it’s grossly immoral to deliberately drive up the cost of housing, especially here in California, where families struggle so desperately to pay the rent.
We don’t have to permit this housing frenzy nonsense to start again. Another bubble is forming. Are we going to sit back and let it happen?
Cheryl Holt
Burbank
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