No, this video is not a gag. It's real. And the NAR is run by monkeys.
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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.
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51 comments:
sounds like he's saying the housing market is a great long term prospect in South Carolina, but nowhere else in the US (nor is it a good short term prospect anywhere!)
I wonder how Lawrence Yun feels about all your China Bashing keefer. Can't be too happy with you right now I suppose.
BC
Has he ever been to South Carlina?
What a dumb ass
I'm from South Carolina.
Here's it what I see
Charleston - prices down/inventory up
Columbia - prices down/inventory up
Hilton Head - prices down/inventory up
Myrtle Beach - prices down/inventory up
In fact I was in Hilton Head 2 weeks ago and found numerous mails and post cards in the box from realtwhores who said that
"although this HHI market is really tough and we've only sold 10% of the houses that we usually sell this year and our inventory is at an all time high... I'm still the #1 realtor in HHI in sales this year. I close. I sell. Put you house in my hands"
I'll see if I still have one and send it to Lawrence so he can call them and tell them how great the market is in South Carolina.
Also, as a side note - everyone of these things - even the post cards - had a picture of the realtors (or at least main realtor) on it.
Riddle me this, why do realtors ALWAYS have to put their picture on everything - in many cases even their business card????
Keith your anti-Chinese racist tones are getting to be a bit much.
Yun! go find yourself a decent job in South Carolina, will you?
We're all screwed except for South Carolina!!!
wow he barely speaks english
Well then. Let's all move to South Carolina.
what's up with the close up! The camera man couldn't step back 5 feet! Scary he is in charge of something!
WE NEED ELLIOT SPITZER BACK...
RTFC (REAL ESTATE TASK FORCE TARGETING CORRUPTION)
DOPES!!!
It's only his timing that is off, Keith. I predict that he'll be eventually correct, just give him about 5 to 10 years and he'll be right about housing hitting a bottom.
I want to hear him say "chop suey" 10 tens fast.
-Urgent Public Service Message-
Attention ALL Potential Homebuyers that absolutely must purchase a home and cannot wait for the 50% off sales next year:
1. Find the house you want using NAR resources.
2. Do not contact any real estate agents regarding the property.
3. Contact the owners directly and them show you the property. If the home meets your needs, urge the owners to dump their real estate agent and lower the price by the sales commission amount.
-Return to Housing Crash Programming-
Rotsa Ruck douchebag Yun.
English lessons and thicker glasses may help, probably not. Stupidity and pathological lying for money are two diffcult trends to reverse.
"2nd half of 2009 market will be much healthier by then"
There's a lot of ramen to eat between now and then, Larry. I wonder how such an intelligent forthright man feels about rice prices?
What will your members do with a ramen price hike comparable to rice.
Well, they can always boil their turds and have turd soup... They will call it realtoraise...
Fu*ck You, Yun. You are an embarrasment and a failure of the George Bush magnituded. You speak like a retard and not should be allowed to procreate ever.
Areyou kidding me? This sounds like a realtor given a script that has been in the business for 3 months. What a joke. Say something that means something.
South Carolina is the last stronghold. In a couple of months it'll turn just like the rest of the country.
"by 2009 tings will be much helfier by den".
looks like the gay, autistic ka-toi that blew me when I visited Thailand a few years back.
He is saying that home buyers are sitting back and not buying because of false information that the market will decline.
Home buyers ARE the market, home buyers decide if home prices go up or down, not the other way around.
I still don't understand why the NAR, a trade organization for sales agents employs an economist at all and why that economist gets any airplay at all given the obvious conflict of interest. I know of no other sales trade group that employs an economist, say the napa valley wine growers economist expects wine to pass beer consumption in the third quarter. Rubbish.
The NAR is not run by monkeys.
However, it IS run by slobbering greedbags who want people to pay $2 for $1 worth of housing, since that gets them 6 more cents of commission.
The NAR's slogan should be:
"Just Pay More For Housing"
Gotta be Chinese
An expert has attempted to quash fears that the UK property market is heading for a crash.
Addressing the 20th annual conference of the Chartered Institute of Housing (CIH) Cymru, Sunday Times economics editor David Smith said chances of a recession or house price crash are slim
Yun lost all credibility a long time ago, Keefer. Yun's "announcements" should be put on the comedy channel. Sadly, though, it just goes to show how far this country has sunk!
Where did this guy get his Phd, university of Phoenix maybe?
never trust a chink
I told you before this guy is a Chinese Communist agent. He's here to get the American people further indebted to China so the Chinese can pull the plug when the stupid American public are fat and happy on Chinese credit and thus destroying the US economy and turning us all into slaves for China.
PS - Andrew Hac is a Communist agent too.
Is he on coke? He needs to re-examine the data for sure.Drinking too much kool aid at the NAR.
Builders and developers drove the bubble higher and builders and developers are going to lead the charge in deflating the bubble. Those who bought from them at the height of the bubble will pay $2.50 total (when factoring in the future value of money) for every $1.00 (present value of money) that they overspent in 2004, 2005, 2006... It won't matter what spin Mr. Yun puts on it - dems just da facts.
Tony Beretta
Yun's going to be pissed with all the anti-China stuff here, watch him play the racism card
whenever you look at houses remember this:
Sticks and bricks (the house itself) should be about $60/sq. ft (and going down lately) for a bubonic chronic granite/chrome place.
That $500k 2000 sq. ft house? cost $120k to have subs put it together. the other $380k is for the tiny piece of land its on, oh and the companies mega profit.
he seems to be blinking quite a bit.
I've heard that is a sign that the person doesn't believe what they are saying.
IOW...he appears to be lying.
I'll say it again. Lawrence Yun needs to testify to Congress and tell them the price fix / bailout is not needed!
If prices will stablize and go up because of the growing poulation, there is no need for a Housing Stablization Bill.
Special tax breaks for builders are unnecessary, they will make money when prices increase!
Too funny. Suspect anonymous realtor trolls pulling out the race card. Things must be far worse than they seem.
Turn the machines back on!!! Turn the machines back on!!!!
It's over, Yun.
"Where did this guy get his Phd, university of Phoenix maybe?"
I was thinking more like Cracker Jack University. You know, open the box and there's a surprise diploma inside?
I'm also wondering if he got a PhD in psychology instead of economics. He acts like he knows so damn much about potential buyers undergoing psychological drama while he doesn't know the first damn thing about economics.
I would like to hear if Yun has looked at Shiller's graph of housing prices adjusted for inflation over the past 100 years. I'm sure he has. How can he possibly explain that graph in the context of his never-ending bullshit?
Quote:
#####
I told you before this guy is a Chinese Communist agent. He's here to get the American people further indebted to China so the Chinese can pull the plug when the stupid American public are fat and happy on Chinese credit and thus destroying the US economy and turning us all into slaves for China.
PS - Andrew Hac is a Communist agent too.
#####
Dubya Shrub + Penis Shooter = "Little Boy" + "Fat Man"
This nation and its Americano citizen is as toasted as a snapper turtle skewered on a Chinese bamboo stick from mouth to ass all sizzling, sputtering, roasting nicely, juices dripping, fat popping over a bed of white hot charcoal grill.
Americano = Grilled Snapper Turtle
Heeeee... Haaaaa... Arrrrr...
Gasoline is now at its lowest level in the history of the Americano. It is only $112.00 a barrel of oil and it will head to $150 Americano dollar currency in a blink. Cheap, ain't it ?
So, tell me, does the average Americano, Joe6Pack and JaneZinfandel take it enough in the rear orifice yet by the forceful penetration of "Little Boy" + "Fat Man", or do you want more "Enter The Dragon" ?
Americano = Being Entered By The Dragon up the Kazook
"BORKAFATTY" AKA The Pig is swallowing, roosting, snouting, chomping at the maggot feed trough.
Heeeee... Haaaaa... Arrrrr...
And all of you retards, ass-head that voted for SHRUB and worshipped his ASS over the last 8 years, guess what, the chicken are coming home to roost on your head-ass. The ancient snapper turtle probably have more brain cell than you and your children combined together. Are you sorry yet ? Do you feel ashamed and stupid about your shallow thinking, narrow-minded love and blind, ignorant worshipping for DUBYA ? Do you, do you, do you ???
Typical angry HP racist trash.
I couldn't listen to more than a few seconds of it. However, if you play the video of Larry with the audio from the new Ice Cube (Gangsta Rap Made Me Do It), it's much more entertaining.
http://www.youtube.com/watch?v=HzeZhCt5PVA
I totaly believe what the great man is saying! He is a PHD for God's sake! How can this man be so wrong? HOUSING NEVER GOES DOWN! Look at it right now! NOBODY is dropping their prices...
Hahaha and nothing is getting sold!
YES IM A BITTER RENTER! I WANT TO BUY NOW!!! STUPID MARKET NEEDS TO COLLAPSE!
BWA HA HA HA HA
All you loser renters are pathetic. You have been saying a crash is coming for years. And yet you still cry like little bitches that you can't afford to buy.
If you listen closely , he actually says "Realtwhores"
You rike a ni how witta goddens,mebbee some ni foonitures?House onry go up.You buy You BUy!!Needa da roan fest?No Probrem.
Anonymous said...
Typical angry HP racist trash.
April 10, 2008 1:48 AM
Who are you talking about Larry, your NAR members?
Jealous inbred rednecks keep pecking away from your mother's basement. Where will you live when she loses her home?
"Riddle me this, why do realtors ALWAYS have to put their picture on everything - in many cases even their business card????"
OMG, I always wondered the same thing. Especially with fliers for houses for sale, I don't really care what the realtor looks like, yet their smiling face is almost always somewhere on the flier. I'm interested in the house, and I don't give a crap who's selling it.
until the average American can afford the average house, prices will keep on dropping.
Peter Schiff FTW
Hey, Andrew Hac is back. Sweet. Now can you write something more original.
By the way, China is about to play Enter the Dragon with the upcoming olympics. Remember America is exporting inflation to the countries with currencies that are roughly pegged to the US dollar. They are feeling the pinch as well.
Do you like playing Enter the Dragon Andrew? Do you? Do you? Do you?
Harrrrr eeeeeee arrrrrrr......
-BC
I agree with what he's saying: The market will bottom late this year and turn around in 2009. A lot of experts are also saying this. The South Carolina part is clearly desperation though.
"Riddle me this, why do realtors ALWAYS have to put their picture on everything - in many cases even their business card????"
It's because they want to be famous and this is the best/cheapest method to do this.
Seriously, I have a house sign on my street which has a big mugshot on it. The house hasn't sold in over 6 months.
"I'll say it again. Lawrence Yun needs to testify to Congress and tell them the price fix / bailout is not needed!"
Agreed! If only we had a media that knew how to ask a follow up question.
Personally, I suspect that the NAR got pissed and iced Larry Yun months ago, now they just release previously recorded statements ala Osmama Bin Laden.
"Cypherdude said...
I agree with what he's saying: The market will bottom late this year and turn around in 2009. A lot of experts are also saying this. The South Carolina part is clearly desperation though."
Who cares what you think Gomer? With that laser-like intellect you should be working for disgraced George Bush.
He could use someone with your Genius. Get it?
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