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.
Glenn Beck mocks the current and former chief economists at the National Association of Realtors, Lawrence Yun & David Lereah for the their history of bad predictions.
posted by David @ 9:14 AM
2 comments
2 Comments:
Excellent video! Kudos to Glenn Beck!
Where is Lie-reah hiding currently?
Would LOVE to hear his thoughts, especially considering anyone who followed his advice 2-3 years ago would be screwed.
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