Lereah and his fellow housing industry economists don't come out unscathed. Critics say they generated unfounded optimism that the housing market would soar perpetually.I had a 25 minute interview with the reporter for this story. She ended up quoting something that was already published on the David Lereah Blog. The housing industrial complex need to be challenged. David Lereah and the National Association of Realtors have been engaging in digraceful behaviour.
"In October 2005 Lereah was busy calling the bubble believers `Chicken Littles,'" goes one post in a blog dedicated to criticizing the economist, davidlereahwatch.blogspot.com. "Many of the predictions espoused by the `Chicken Littles' are fast becoming closer to reality. ... David Lereah has lost credibility because of his irresponsible cheerleading."
Tuesday, September 12, 2006
David Lereah Watch Makes Chicago Tribune Article
My spinoff blog, The David Lereah Watch, made it into the mainstream media. Here is an excerpt from a Chicago Tribune Article:
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It is on my blogroll:
ReplyDeleteThe site is
http://davidlereahwatch.blogspot.com
David,
ReplyDeleteMany congrats! That is so great - keep the flame on "High" and the truth under the magnifying glass.
- Frank
Keep Up the great posting david.
ReplyDeleteKEEP THE PRESSURE ON!
BOOOOOOOOYAAAAAAAAA
Bob
Congrats Dave! So glad both your blogs are still alive and well, as a bubblehead perspective is still needed to counter the lies and exaggerations of NAR and their members. Congrats once again!
ReplyDeleteBTW, were are the housingheads now? They have been unusually silent lately..hehehehehe....
--SSH Anon.
WhiteTower asked:
ReplyDelete"Think back to the days prior to blogs -- who would have been countering the NAR's self-interested and outrageous pronouncements?"
Self-serving therapists?