Anyone trying to purchase a home in the last 6+ months has been frustrated with low inventory, high competition, and inflated home prices. While thousands of people have lost their jobs and still struggling to recover from the pandemic, companies like Zillow and Opendoor used this as an opportunity to buy houses cheap and sell them extremely high.

My family, and countless others, have been trying to purchase a home over the past several months, only to find that this real estate marketplace owns a great deal of the houses. I understand the business of flipping homes. That means that you have purchased a property with the intent of improving it and reselling for affair price to reflect the upgrades. But, unfortunately, these homes aren't being improved at all.

They are purchasing the houses, doing nothing but adding $20K - $160K+ to the price, and putting it back on the market.

The government needs to step in to add put some regulations in place to keep these companies from unfairly marking up a house that was $429K 3 months ago, and today it's $598K (That's an actual listing in my area today). In most cases, these houses aren't on the market before they buy them and list them at inflated prices.