Dissecting David Lereah's Book
Ready to dissect David Lereah's real estate book circa 2005.
posted by David @ 1:04 PM
6 comments
David Lereah Watch
David Lereah is the former Chief Economist and Senior VP of the National Association of Realtors (NAR). Between 2001 and 2007, Mr. Lereah regularly made statements regarding the housing bubble. The media regulary turned to him for real estate quotes. He was very influential. Mr. Lereah tells half truths and manipulates facts and figures. He cannot be trusted as he was a paid shill.
Friday, April 06, 2007
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6 Comments:
Ready to dissect David Lereah's real estate book circa 2005.
No, because I am not going to read it. Housing Boom? Geez give me a break. Who is talking of a housing boom these days? The only question is how f***ed housing will be in the near future.
He is relentless! Check out this quote: http://money.cnn.com/2007/04/11/news/economy/home_prices/index.htm?postversion=2007041111
"We still forecast 2007 to be the fourth highest year on record for existing-home sales, and housing remains a great long-term investment," Lereah said.
Lereah has lost credibility world wide. IMF reports: Housing Killing U.S. Economy. http://infohype.blogspot.com
Lereah you and your slick organization is SHAMEFUL!
You dman know that prices are way to high for the avg family to afford and need to go down.
WHY DON'T YOU ADMIT IT AND COME CLEAN FOR ONCE?
I will NEVER use a realtor to buy a house.
Lereah makes me want to revoke my Realtor membership. Sadly, the MLS rules here require it for full access. Hopefully someday the real estate groups will lose their political stranglehold and the MLS will no longer be able to team up with the NAR to act as a monopoly.
Funny that Lereah say House "Boom" because a boom is the sound of destruction which what we are heading into. I can't believe people are still buying those inflated houses that will not be able to own, EVER!
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