tag:blogger.com,1999:blog-8449425153344885020.post5522615296059715239..comments2023-08-11T18:01:00.801-07:00Comments on Housing Bubble Hall of Shame®: Lawrence YunTyronehttp://www.blogger.com/profile/04226876002855072090noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8449425153344885020.post-310269644764084502007-10-23T21:35:00.000-07:002007-10-23T21:35:00.000-07:00One of two things is going on here, and I suspect ...One of two things is going on here, and I suspect it's the latter:<BR/><BR/>1) Yun is too stupid to comprehend that the "fundamentals" that inflated the bubble (easy money, fear tactics) well overshadowed any real fundamentals (population growth, inflation) that lead to increases in real estate prices. Without the bubble "fundamentals", prices would have gone up only a couple percent a year in the first half of this decade, not the insane increases that we saw in bubble markets.<BR/><BR/>2) Yun deep down knows that his ramblings are based on faulty logic and misleading statements, but the NAR tells him to continue the BS or be fired. He'd rather lose his integrity than his seat as head of the NAR.Dood19770https://www.blogger.com/profile/17809472653318465791noreply@blogger.com