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David Lereah poster boy for the housing bubble says it will get worse

posted 11 weeks ago on Blown Mortgage

For the eternal optimists your boy David Lereah, your ace-in-the-hole, your go-to expert who predicted a "soft-landing" and wrote the book "Why the Real Estate Boom Will Not Bust" is saying that we're in for a lot worse. So stop looking for a bottom. It must be tough when your hero, your clutch hitter finally gives up the fight. Who do you turn to? Lawrence Yun? He doesn't have the panache, the swagger, the publishing credits! Quick, somebody, find me someone with a pulse who thinks we're in better shape now than we were 3, 6, 9 months ago. Please. The pumpers are defecting like crazy. David freaking Lereah is seeing the light?!?! David Lereah for President. A man that can flip-flop this effectively deserves a sacred seat in Washington. Pardon my rather churlish response to hi

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