merely for clarification and planning... where was this detailed?
So you're saying this is worse because instead of a system where people can most definitely take advantage of it and sit on houses till people cough up enough that they want one.. you are against leveling the playing field ?
Before you had NO chance without paying out the nose to a flipper or just getting crazy lucky when someone let their sub lapse or possibly being one of those insane people who made spreadsheets of houses and cross referenced seeing people online.
Now: there is always a chance a formerly owned house is going to come up for sale while you're on. Everyone has the same chance.