OK, I’m calling total bullshit on this fuckface. From the article:
“Mr. Lereah, who says he left NAR voluntarily, says he was pressured by executives to issue optimistic forecasts — then was left to shoulder the blame when things went sour. ‘I was there for seven years doing everything they wanted me to,’ he said, looking out his window to his tree-filled yard in this Washington suburb.”
This is the “I-just-did-what-I-was-told-to-do-but-didn’t-really-believe-it” argument.
But wait, further in the article it reveals that Mr. Lereah bought 6 condos – six! – between 2003 and 2006. So, one wistfully wonders… if he didn’t really think real estate was a good deal (and it was just his job to promote), then why in the hell was he doing so much “investing” in said real estate?
No no no no no… this guy is a clown. He believed his own bullshit and got caught wearing the dunce cap and now he’s trying to explain away the history of the egg on his face. I, for one, ain’t buyin’ his truckload of revisionist history.
