Give me your best.
Might need it.
November 29, 2007
HP'er Homework Assignment: If you could ask Lawrence Yun of the NAR one question, one serious question, what would it be?
Posted by blogger at 11/29/2007
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
Give me your best.
Might need it.
Posted by blogger at 11/29/2007
42 comments:
grandma here-
How could you have done what you
did, as a matter of policy, promote
a series of lies, feed them into
the financial system as contractual
obligation; in fact infecting the
global financial system with what
amounts to a super virus?
why be so deceitful?
Can we start a movement to discredit NAR data. The MSM and public should be focusing on the S&P/Schiller data. Having the NAR be the keeper of housing data is like having the fox guard the hen house.
Are you instructed by higher-ups as to what you can publish or say? If so, who?
Keith,
One question that comes to mind is:
Lawrence,
What hard data would you need to forecast a further decline in housing?
Can you "see" the music ?
What color is the sky in your world?
What flavor of Kool-aid do you prefer?
When you go home at the end of your day do you really believe in what you are saying as the spokesperson for the NAR.
Lawrence,
From the things that you've seen happen, all this mortgage meltdown. From the deepest core of your heart What do you think we can do to avoid this to ever happening again?
Do you and David Lereah talk?
When you took the job did your boss tell you you'd have to lie for a living?
Do I look like a Bitch?
Hindsight being what it is, knowing what you know now what would you have done differently?
Will you buy my house?
The obvious one is:
Are your bad predictions based pressure from NAR or are you just that clueless?
Simple - just tell the truth.
Either-way, people will be shocked at just how severe a price fall this will be across the country for residential housing.
I can already see how bad this is getting here in Southern Ca. - afluent neighborhoods.
The housing crash will not discriminate.
Mr. Yun,
Will you start keeping track of every time you are wrong on your forecast and give us that information with your new forecast?
Yes what in what decade do you think the housing crash will bottom out?
Is Las Vegas landlocked?
Lawrence,
Why do you promote an activity that has proven to destroy so many lives and call it your consitutional right?
How many families have been torn apart because of you and the likes of you?
Knowing how much innocent blood is on your hands, how can you sleep at night??!
Oh wait! You are with the NAR not the NRA!
Silly me... :)
Just how stupid do you think the American people are?
You know Mr. Yun, you have now reserved your place in hell next to Lereah & Greenspan, how can you look in the mirror?
Larry,
How much money has the NAR lost this year due to the Housing Crash?
RayNLA
I know Yun does it for the money, like anyone else would, so there's no questions I could ask 'em.
Like someone else noted, beer, driving, losing you're virginity and buying a home are the loves of our lives.
where did you get that cool haircut?
1. Does real estate ever go down in value?
2. What causes real estate prices to rise?
Answer: Aside from obvious supply constraints (eg. beach front properties) over the past hundreds of years of data.. overall... housing prices EXACTLY match INFLATION. Ie. houses don't "appreciate". Dollars depreciate.
do you want a blind fold?
Since you have no credibility (i.e., laughing stock), how long before Yun submit your resignation?
"How the f*ck do you sleep at night?"
why exactly is your organization even necessary?
do you have any long positions in real estate that would keep your predictions from being objective?
Let's suppose that there is not a housing crash underway right now - if there were a housing crash, say a thousand years from now, what would be the indicators and how would they be different from what we are seeing right now?
Put differently, if this isn't a housing crash, then what the fahq is?
Hey there Larry-Hmmmmmmmmmm,Wee-el
,Nope ,no questions.See ya Lars.
How many fingers am I holding up?
Would you allow your mother and father to purchase a home in today's market?
*** POW! ***
Did that hurt?
Since we don't need an agent to buy many things in our lives, why do we need realtors, and why is what we pay them not simply related to the amount of work they do, rather than a percentage of the value of the home?
A morally empty douche says what?
From this point forward, would you care to put your money where your mouth is?
"How many fingers am I holding up?"
I bet it's one and it's in the middle.
I would love to have an official debate with Larry, posing these questions:
Mr. Yun, you keep talking about how the "fundamentals" support price stabilization. Those "fundamentals" that you keep mentioning are a strong job market and low interest rates. What about the actual prices of houses and incomes of the people buying them? Are median incomes high enough to support mediocre houses? What should the ratio of house price to income be? If interest rates rise without incomes rising, wouldn't it stand to reason that house prices would have to fall even further?
I wonder if he'll ever answer any of these questions before he gets the boot from the NAR.
Dear Lawrence,
As a long time real estate broker, my advice is for you to return to school & restudy economics. It is painfully obvious to anyone in the real world that when housing prices disconnect from the economic reality of wage increases, we are in a bubble. Bubbles don't end well...Please stop sugarcoating it, and let the market return to reality. The sooner that we get this over, the better for our country. Regards... A soon to be former Realtor
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