January 01, 2008

The NAR's "Chief of Spin and Lies" Lawrence Yun mocked in the Sunday Times here in London, and destroyed on youtube.

Lawrence, Lawrence, Lawrence.

You don't have to lie for a living.

You don't have to destroy lives.

You don't have to be the laughingstock of the nation.

Quit tomorrow Lawrence. Just quit. And come clean. America likes whistleblowers. America is a forgiving country. Quit. Turn on the monkeys at the NAR. Testify in front of Congress. Be a man.

Or not.

So irritating has Nar become that Yun now has his own hater blog (Lawrenceyunwatch.blogspot. com). The same people ran a blog blasting his predecessor, David Lereah.

To be fair to Yun, Lereah seems the more deserving target. Lereah is a classic booster who once advised people it was a great time to buy and to sell.

He is also the author of the 2005 classic, Are You Missing the Real Estate Boom?: The Boom will not Bust and Why Property Values will Continue to Climb through the End of the Decade � and How to Profit from Them.


SeattleMoose said...

The NAR "spokesmodel" position is by definition a "shill" position. Who ever takes the position has to recite carefully scripted happy face news.

All this proves is that there is always someone willing to say ANYTHING for the right amount of money.

This is just another example of a society where the bottom line for ALL decisions is ..... money. As long as people will do ANYTHING for money we will end up with LIarreahs, Yuns, and a bought and sold government consisting of people who took the lobbyist bribes and are now "owned" by a small elite. An elite with an ever increasing amount of money to throw at whomever needs to be "bought" in order to advance their agendas. Does everyone today truly "have a price'?

Where is the man who can go to Washington and not be tempted by money, sex, or power? Until that breed appears, this country will stay on its current path.

Money truly is the root of all evil....

Anonymous said...

Yun said "estoric" - The man's obviously an idiot.

suzannesalterego said...


low volume == "mark to market" == lower prices

i.e. consumers obviously worry about the liquidity of "their homes " and if they cannot sell them w/o "marking to market," they're a bad investment.

Yun doesn't note that most people diversify their stocks so if the market isn't buying one of them, they don't lose their shirts.

On the other hand, "buying a home" is different because consumers put all their eggs into one basket... a single point of failure!

Frank@Scottsdale-Sucks.com said...

What an idiot.

If he really wants to make easy money he should quit and write a book exposing the NAR. He'd make millions and do a great public service at the same time.

But nope. He and the rest of the NAR monkeys are too dumb for that.

Paul E. Math said...

This man truly is an idiot - the video makes it pretty clear. Poor bastard.

Why does the NAR give its head of public relations the title 'Chief Economist'? Answer: because the whole organization is pathologically corrupt.

bickerer said...

Lawrence Yun

a.k.a. The Yunster

Mitesh Damania said...

Who's the idiot? Yun or the people that paid to go see him?

Anonymous said...

Why don't you give him the benefit of the doubt.

nnj said...

He is not talking economics. He is talking Yun-economics. You can buy his text book, or just read it here. It's two pages; (1) It is a great time to buy a house, (2) It is a great time to sell a house. Copyright...doesn't matter.

The only reason why I am a pent up buyer is because I too am waiting for trading volume to increase on the NYSE. However, I am confused if I should sell when trading volume is down. Hmmm.

Anonymous said...

Anon@12:24a -- Why? Because he has a job? Every word that comes out of his mouth is factually incorrect. He deserves to be disrespected, he deserves his lack of credibility, and he deserves to be forced to find another profession when he is fired from the NAR.

Everyone earns their reputation.. this isn't high school, kiddo.