The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Bonefish who wrote (74759)	3/26/2007 1:50:29 PM
From: Broken_Clock	Read Replies (2) of 306849

"David Lereah, chief economist for the national association, believes demand for homes could be cut by 150,000 to 200,000 annually this year and 2008." "Our view is that the tightening in the subprime market will have a negative impact on home sales," Lereah said in a statement. "It probably won't postpone the recovery (in housing), but it will slow it." (LA Daily News, March 23, 07) ++++++++++ apparently Lereah wants Bernanke's job. Incredible doublespeak. How can something that is slower not be delayed?

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