Unless you think that the supermarkets where we buy our food don't do things like put wheat products on their shelves that include sawdust fillers, the gas stations never doctor their pumps to register a full gallon every .97 gallons, the waiters have never spit in anyone's food, the pharmacies are always giving you your medicines at a fair price, the public school teachers who care for our children are all passionate professionals instead of CYA pension-seekers, and of course that we have statesmen in political office with clean hands and clear hearts and pure thoughts running through their heads every moment of the day...All the hysterical protestations and declarations of extraordinary personal integrity here seem a bit overdone here, don't they?

State real estate commissions would have shut it down by now.The biggest problem is the fact that they do, in fact, do a lot of business, so this creates an artificial rush on every "deal" even when they are not deals.

Honestly, we're seeing some of the same here in Blacksburg, as well ... there's an overabundance of student rentals that's keeping rents artificially deflated.Happy to share my experience here in the Blacksburg/Christiansburg area, if you're interested, including maybe another angle that you might want to consider.

I have VERY little faith in putting LOCs on properties or artificially keeping mortgages high just to protect from liability. 

I mean, in Nursing and Medicine, things change so much every year, that you constantly have to work hard to keep up with changes.

You are artificially inflating your cash flow with dead equity.

(I've seen sellers leave out the property taxes, I think to artificially boost the cap rate).Utilities?

Good rental market here as there are many great higher education institutions and also, the area is heavily weighted towards medicine, and there are a lot of people employed in that field out here as well.I guess it's going to depend a lot on the area.

No one likes the idea that their business or profits should be artificially controlled.

This creates incentives for the reverse mortgage lender to take title to the property rather than agreeing to a short sale because the insurance won't kick in if the lender agrees to that sale.What's even worse is that many reverse mortgage lenders artificially inflated the values of the properties that they accepted into reverse mortgage programs.