David Lereah Watch Makes Chicago Tribune Article
The David Lereah Watch Blog made it into the mainstream media. Here is an excerpt from a Chicago Tribune Article:
Lereah and his fellow housing industry economists don't come out unscathed. Critics say they generated unfounded optimism that the housing market would soar perpetually.I am glad that I have been challenging the housing industrial complex. David Lereah and the National Association of Realtors have been engaging in digraceful behaviour.
"In October 2005 Lereah was busy calling the bubble believers `Chicken Littles,'" goes one post in a blog dedicated to criticizing the economist, davidlereahwatch.blogspot.com. "Many of the predictions espoused by the `Chicken Littles' are fast becoming closer to reality. ... David Lereah has lost credibility because of his irresponsible cheerleading."