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- HousingPANIC calls for Lawrence Yun to resign from the NAR and become an HP’er
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I feel sorry for any fool who takes the “NAR Chief Economist” job. It’s pretty obvious that “sell your soul”, “permanently destroy your future job prospects” and “lie, deceive and distort” are at the top of the job description.Here’s Yun saying that home prices are NOT GOING TO DROP in 2008. He also has a message for Bernanke - stop cutting rates. Why? Because inflation is going to roar, long term bond rates will soar, and a 30 year mortgage will be at a double-digit rate soon enough. And on that, I think we can agree with Yun….
Original Source
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28 Marzo, 2008| housingblogs |
@ 9:53