Who is buying all those foreclosures?

As we all go through this process of a recovering economy. Assuming that is that we can call it recovering. I have had several interesting conversations with friends and business associates across the country. Interestingly enough, they all pose the same question. Have we bailed out the people who were most hit by all of this, or have we simply bailed out banks, who have then turned these properties to investors? I agree with my friends and colleagues on this one. We have simply lowered prices, through foreclosure's and short sales to make the 150K price point even sweeter for already liquid investors. where is the help for those who were foreclosed on? Where are they now, except right back at the mercy of landlords.

Certainly I have investors in my portfolio of clients, as well as first time buyers. Everything in between is slow right now. I hope we see an increase in the number of owners who occupy their properties. The idea was to create a more stable housing market. Ownership creates stability. At the risk of alienating investors, I must ask, what are we doing as a community, (nationally) to create stability for those who lost and have little in the way of choices to recover?