I disagree about Liarrheah’s job function. He is the chief economist of the NAR – not the chief marketing officer. He is tasked with telling the truth regarding the financial aspect of real estate, NOT talking it up rain or shine.

He has done a miserable job and his reputation, along with NAR in general, is suffering as a result. I doubt this is what he is being paid to do – being treated as a leper because his advice is so tainted.

Good point about the journalists – their job is to “afflict the comforted, and comfort the afflicted.” NOT parrot the party line!