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Go read the reviews on David Lereah's 2006 book "Why the Real Estate Boom Will Not Bust - And How You Can Profit from It" on Amazon. You see the irony in how many people's lives were hurt by Lereah, the NAR, and the real estate spin machine (which is still spinning through Lawrence Yun).
Jan 05 20:05 pm
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All Comments by Danfrphils »Admissions of Spin at the NAR [View article]
Everyone was appalled at Madoff's scam which caused up to $50 billion in losses. Most of those losses were to institutions and wealthy individuals. The real estate bubble was several orders of magnitude larger at $10 trillion (with a T)+, and David Lereah was one of the head cheerleaders. Its impact have been felt by pretty much everyone on this planet. I just wish for once... shills like this would be held accountable for their actions.