June 15, 2007

OK folks, time for a little street theatre. We're gonna send ramen noodles to Lawrence Yun at the NAR

You know the little guys are hurting - with home sales cratering, and realtors (and the NAR) completely discredited and disintermediated, it's time for...


The HousingPANIC "Realtors are People Too" Top Ramen Drive

Here's all you have to do

Pick up a few packages of ramen at your local store, and send 'em off to:

Lawrence Yun
National Association of Realtors
430 N Michigan Ave.
Chicago, IL 60611

Include a note "Keep up the great work Lawrence! Your lies and spin make us laugh every day! Love, your friends at HousingPANIC". Or just do your own thing. He'll get the point.

Post here if you've sent a package off, and I hope he finds a fair way to distribute the goodies to the 1.2 million hungry little guys. At least they'll get something for their NAR dues.

45 comments:

Frank R said...

This is classic! I'm mailing mine tomorrow!!!

Anonymous said...

Great site Keith!!

Instead of mentioning Ramen Noodles all of the time, why not mention the real food of the proletariat...

GOYA BLACK BEANS

Anonymous said...

package on the way!

Anonymous said...

keith, did you read about how fans brought back the TV series jericho by mailing in Nuts to the managers responsible? awesome!

Anonymous said...

Might want to tell Mr. Yun to stop fucking around with the MLS data too while your're at it.

I track a few zip codes and cities on a daily basis in the Atlanta area. Two of the zip codes I'm looking at went from 589 and 943 homes for sale yesterday to 456 and 744 today. But amazingly enough both of these zip codes are in Marietta where the number of homes for sale went from 1218 yesterday to 1219 today. Somehing doesn't add up here.

And no way in hell does inventory drop in a zip code by 20% in one day.

Anonymous said...

amnesty is about to pass...20 million illegals will be given citizenship...those 20 million will then bring over their entire family and qualify for welfare


All that is happening and your #1 priority is sending Ramen to some NAR shill?

How about instead sending an email, faxing or calling your Senator and telling him/her how disgusted you are with this bill.

Anonymous said...

Jeese, why hasn't this been done for Greg 'Phoenix Swan diver' Swann?

Imagine how funny it would be for the local news cast to cover 100,000 packages of Ramen noodles showing up at Greg's Bloodhound Realty?!? You can coordinate it with a message posted on HP for when the reporter looks up the site (and the HP braintrust can mull over the message to stand on the page during operation "Swann Dive" --- maybe something like "Hi Greg: just wanted to make sure you were getting your carbs! -HP")

Anonymous said...

Some crash...
Stocks up again....

what a bunch of DOPES!

Anonymous said...

the only question is, which flavor? Pork to symbolize how rich and fat they've gotten over the last 5-7 years, or shrimp to symbolize their current paychecks?

Anonymous said...

2 packages from Upstate NY - great idea............

Anonymous said...

DOW up 1% again today.

Where oh where is this stock market crash wingnuts?

Keep putting your money into 5% CDs losers.

Anonymous said...

Love it! I am so doing this!

Anonymous said...

Great idea Keef.

Anonymous said...

Yun......oriental noodles?

Too easy!

Anonymous said...

If someone can manage to start a concerted, widespread effort to do this, like the "nuts for Jerico" campaign, this could be HILARIOUS.

I'll do my best to spread this idea and I hope the rest of you will, too

Anonymous said...

Be sure to address it to:

Larry Yunreah

Anonymous said...

Mine went out today, with a little note attached:

Hey Larry

We have a pool going at work for exactly which day next month you will announce that the housing market has bottomed, and it’s a great time to buy. I lost last months, wasn’t even close. I won’t cheat and tell you which day I picked for July, just don’t fail me guy!

One of your devoted admirers at
HOUSINGPANIC


P.S. Hope you like chicken flavor, it’s my favorite

Anonymous said...

“He’s down on the mat, he’s bloody, the fans are booing. But can the Tampa Bay area housing market rise from the arena as the Comeback Kid? You can bet the house on it, said Lawrence Yun, senior economist at the National Association of Realtors.”

“‘Five years from now you will be very happy you’re in this business and located in Tampa,’ Yun said over a brown-bag lunch to about 75 real estate agents.”

“In Yun’s view, rising incomes and declining home prices ought to have stimulated sales this year were it not for housing bubble scares in the media.”

“Yun was appointed last month as the top economic spokesman for the Realtors group. He succeeded economist David Lereah, discredited after maintaining rosy outlooks amid an increasingly troubled housing market and promoting his 2005 book, ‘Are You Missing The Real Estate Boom - Why Home Values and Other Real Estate Investments Will Climb Through the End of the Decade.’”

“In one worst-case scenario, an economist suggested the gap between incomes and home prices would depress housing values 40 percent.”

“Yun scoffed at the idea: The real measure of affordability, he said citing a formula, is mortgage obligation relative to income. He clicked a slide showing Tampa-St. Petersburg-Clearwater hovering at the national average. Much of California isn’t so lucky, nor is high-priced Miami and Naples.”

“Yun based his housing projections on a list of economic trends: speculators leaving the market, strong job creation, baby boomers buying second homes and reform, a slow process now under way, of Florida’s property tax and insurance systems.”

“On that last item, Yun predicted a ’sonic boom,’ should the state Legislature succeed in bringing insurance premiums back to earth.”

“The local housing market’s biggest problem is a record-high inventory of homes for sale. Listings hold about 40,000 houses and condos, quadruple the number of two years ago.”

“Ever optimistic, Yun suggested a way out of the thicket: Thousands of homes will peel off into the rental market, while others drop off the charts as owners wait out the slump. ‘In a job-growth area, people can hold onto the house without being desperate,’ he said.”

“Carlos Fuentes, the association’s elected president, urged member’s to spread the gospel according to Yun. ‘You need to know the facts,’ Fuentes said. ‘You need to know how to present them as well.’”

Anonymous said...

I love it when Keith issues a Housing Manifesto.....the stock market goes nuts!!!

Alvin said...

I just wanted to mention that despite their inexpensive nature, ramen noodles can still have their place in a healthy and delicious culinary lifestyle when consumed in moderation. With that said, Top Ramen is disgusting and should be avoided at all costs. If you'd like to give Lawrence some noodles to savor in his misery, check out my ramen reviews.

RiperDurian said...

People there is a wonderful world of Ramen out there, vary it up, get creative. How about Lime Flavor, French Onion, or CuttleFish?

http://tinyurl.com/yt26eu

Anonymous said...

Yeah! good one Kieth.Hey I have the perfect kind to send him............CROW FLAVOR,MMMMMMMMMMMMMMM YUMMY

Anonymous said...

Worked (past tense) for a mortgage bank in NY - advertising dept. I'm a CD got laid off TODAY! - and get this ... no $$$ last weeks paychecks were kited (is that a word) don't care off to Barbados in six days - I'm a renter - thanks to you, did I mention Thanks! They will be done shortly $60 million problem?

Frank R said...

DOW up 1% again today.

Where oh where is this stock market crash wingnuts?


Hmm two thoughts: First, this is about the real estate crash, not the stock market, and unless you've got your head buried in the sand, the real estate crash is actually happening right now.

Second, if you actually think 1% over one day matters, you're an idiot and shouldn't be in the market.

Anonymous said...

To the trolls seeking to call attention to the gee whiz performance of the Dow, have you looked at a Dow:gold chart lately?

The Dow remains mired in a protracted bear market. What you're cheering about is the destruction of the dollar.

Um, why is that good? If you think it is, then move to Zimbabwe and experience the reality of 3000% inflation. Planes leaving daily. Plenty of empty seats. No takers?

Anonymous said...

Count me in for 5 packages. That's all he's worth

Anonymous said...

funny how whenever the dow has a huge day/week the HP tin foil hat gang starts talking about gold doing well the past 2 years.

OK tin foil hatters. Let's go back to 1980 and compare gold vs. dow.

How about '75 to today?

How about '90 and on?

'95 to '05?

'85 to '95?

'80 to '90

'90 to '00

Hell pick any 10 year period and the dow has kicked gold's ass.

Anonymous said...

"All that is happening and your #1 priority is sending Ramen to some NAR shill?

How about instead sending an email, faxing or calling your Senator and telling him/her how disgusted you are with this bill."

Tell that to the people who posted messages with links to their ramen blogs.

Anonymous said...

"DOW up 1% again today."
-------------------------------

Well, Anonytard, at least it's keeping up with inflation.

Anonymous said...

"Hell pick any 10 year period and the dow has kicked gold's ass."

--------------------------------

1970 -1980?

1929 - 1939?

Anonymous said...

Laughing....... Yeah, I talked to an old realtor buddy the other day. He was really hurting, only sold one house last month. The poor bastard only brought home something like $15,000.

Anonymous said...

Stephen said...
"DOW up 1% again today."
-------------------------------

Well, Anonytard, at least it's keeping up with inflation.

June 15, 2007 6:54 PM

=================================

Right on renter!! Inflation is 2% a year, DOW is up 1% a day. No wonder you rent, you failed kinderarden math.

Anonymous said...

One more for the Dow trolls here. 5-year chart of the DOW vs. the CBOE gold index:

http://tinyurl.com/2z8arh

I'll take the 3:1 outperformance of the gold index.

You?

Anonymous said...

Stephen said...
"Hell pick any 10 year period and the dow has kicked gold's ass."

--------------------------------

1970 -1980?

1929 - 1939?

June 15, 2007 6:56 PM

----------------------------------
1929 to 1939...gold went up by 0%. It was pegged to the dollar moron.

http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

Except for the 1970s, investing in gold was a losing proposition.

Anonymous said...

Screw Lawrence Yun I will be sending him jack.All these Real Estate vermin deserve to be starved to death.

Anonymous said...

Keep the Ramen because you'll need it once the amnesty bill passes. On that note, here are the five most stupid things on that bill:

Top 5 Dumbest Things in the Immigration Bill

5) Taxpayers will pay for the immigration lawyers for illegal aliens if working in agriculture.

4) Illegal aliens would be given legal status just one day after their application is filed even if a background check is not completed.

3) Gang members are eligible for amnesty if they renounce their gang status.

2) Borders do not have to be secure before the amnesty program begins.

1) $2,600,000,000,000 -- That is the cost the Heritage Foundation estimates to cover the retirement benefits of 12,000,000 illegal aliens if this amnesty bill becomes law.

Pay up, suckers!

Anonymous said...

DOW is up and FB's have no money to invest. Too bad, so sad that their money is all tied up in a depreciating asset known as real estate.

Renters have plenty of income to invest in the booming stock market

Anonymous said...

I swear the HP troll IS SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO STUPID...

Gold has tripled since 2001.

The Dollar has lost 40% of it's value over the same time, due to economic growth policies built upon people taking on massive amounts of debt. That makes a $600,000 house now really only a $375,000 house in 2001 dollars. Housing boom?!? What housing boom????

The price of gas has tripled at the pump. Every item produced & shipped is going up to cover fuel increases.

IF YOU SERIOUSLY THINK INFLATION IS ONLY 2% A YEAR, YOU'RE A KOMPLEAT MORON!!!!!!!!!

Anonymous said...

RACIST PIG.....but funny!

Frank R said...

Right on renter!! Inflation is 2% a year, DOW is up 1% a day. No wonder you rent, you failed kinderarden math.

Oh my god, that is the single DUMBEST comment I've ever seen on this blog ... ever!

1% a day = 365% a year ... and guess what, that has NEVER happened to the Dow and never will.

Keep on renting that money from the bank, desperate homedebtor. My guess is when you "bought" your house the realtwhore tricked you into believing that it would go up 365% per year, and now it's down 40% and you're left holding the bag, you money-borrowing leech.

Now get back to reading your Harry Potter magic books because that's the only place the Dow goes up 365% a year.

Anonymous said...

I'll send him some Ramen. But I'll make sure to grind it into powder first.

Anonymous said...

Frank@NeverColdCall.com said...
Right on renter!! Inflation is 2% a year, DOW is up 1% a day. No wonder you rent, you failed kinderarden math.

Oh my god, that is the single DUMBEST comment I've ever seen on this blog ... ever!

1% a day = 365% a year ... and guess what, that has NEVER happened to the Dow and never will.

Keep on renting that money from the bank, desperate homedebtor. My guess is when you "bought" your house the realtwhore tricked you into believing that it would go up 365% per year, and now it's down 40% and you're left holding the bag, you money-borrowing leech.

Now get back to reading your Harry Potter magic books because that's the only place the Dow goes up 365% a year.

June 16, 2007 7:01 AM

-----------------------------------------------------
Excellent post, Frank!

stuckinthecity said...

beautiful! I love it

Anonymous said...

"No wonder you rent, you failed kinderarden math"
----------------------
You failed kinderarden spelling.

It's "kindergarten", retard.

Anonymous said...

1929 to 1939...gold went up by 0%. It was pegged to the dollar moron.

---------------------------------

0% is better than -50%, asshole.