June 17, 2007
I do kinda feel sorry for the little guy - for all I know he's a nice guy, had a good education, just wants a paycheck. But at the same time, there are honest ways to make a living. Lying, deceiving, manipulating and distorting can't be high on the list of what people want to do with their short time on earth. Right?
Lawrence - if you're listening, it's not too late. Resign immediately, apologize for your lies, and throw the NAR under the bus. It would be a housing bubble seminal moment. You can do good in this life - the choice is yours.
Enjoy the new blog HP'ers. It's 100% Yun, 100% of the time. The more he yaps, the more we'll post. Got any TCLY gems post them here and on the BubbleTalk thread so we can get them up at lawrenceyunwatch. Here's one from last week:
As senior economist Lawrence Yun explained further, "... we see that the existing-home market is stabilizing in a broad cyclical trough and moving in the right direction, with a modest gain from the fourth quarter."