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Renting in Mass
Joined: 26 Jun 2008
Posts: 381
Location: In a house I bought in December 2011
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 Posted: Tue Dec 01, 2009 4:09 pm GMT Post subject: Pending Sales of U.S. Existing Homes Rose in October |
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aCpsPN33fa1E&pos=3
I posted this article just so I could mock Lawrence Yun.
| Quote: | | “The tax credit is helping unleash pent-up demand from a large pool of financially qualified renters, much more than borrowing sales from the future,” Lawrence Yun, the NAR’s chief economist, said in a statement. |
That's a bold proclamation Larry. Care to provide any evidence to back it up? Must be nice to have a job where you can just make stuff up. |
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Guest
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| Posted: Tue Dec 01, 2009 4:54 pm GMT Post subject: Re: Pending Sales of U.S. Existing Homes Rose in October |
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| Renting in Mass wrote: | http://www.bloomberg.com/apps/news?pid=20601087&sid=aCpsPN33fa1E&pos=3
I posted this article just so I could mock Lawrence Yun.
| Quote: | | “The tax credit is helping unleash pent-up demand from a large pool of financially qualified renters, much more than borrowing sales from the future,” Lawrence Yun, the NAR’s chief economist, said in a statement. |
That's a bold proclamation Larry. Care to provide any evidence to back it up? Must be nice to have a job where you can just make stuff up. |
I don't understand how any half decent credible publication or online site would post or publish anything this guy or organization states? It's been very obvious way back to 2000 this organization and all its members consistently advertise and publicize only the postive and favorable information that com out of the housing reports. That's not even mentioning the stuff that he (and the NAR members) consistently make up and spin. I can't tell you how many emails I got from realtors from 2005 until present attaching artciles and information saying the market is coming back you have to buy now mumbo jumbo and NOT ONE article or informaiton giving any neagtive or even neutral unbiased source of information. This bozo and all of it's members are worthless and obviously have one agenda in mind....which is for them to get people to buy houses whether it is in their best interest or not. |
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Renting in Mass
Joined: 26 Jun 2008
Posts: 381
Location: In a house I bought in December 2011
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| Posted: Tue Dec 01, 2009 5:13 pm GMT Post subject: |
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| Yeah, it's a sad state of affairs. Who care what that mendacious hack has to say about anything? I don't understand why Bloomberg (and everybody else) insists on printing whatever he squeezes out. It's worse than valueless information. It's value-negative information. Man I'm in a bad mood! |
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admin
Site Admin
Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
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| Posted: Tue Dec 01, 2009 5:30 pm GMT Post subject: Re: Pending Sales of U.S. Existing Homes Rose in October |
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| Renting in Mass wrote: |
That's a bold proclamation Larry. Care to provide any evidence to back it up? Must be nice to have a job where you can just make stuff up. |
You know what evidence would back it up? A home ownership rate below the historical average. Then there would be a higher percentage of renters than usual, and therefore more potential demand. Trouble is, the home ownership rate is still above average (last I checked, anyway). Yun's proclamation sounds bogus to me.
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