Lawrence Yun Pleads for a Real Estate Stimulus

The real estate market has declined dramatically in the last couple of years. With Washington, bailing out various industries out left and right the real estate industry has lined up at the trough, pleading for assistance from Washington.

"A real estate-focused stimulus plan is urgently needed," Lawrence Yun, the trade group's chief economist, said in a statement. (AP 1/6/09)

There is already too much investment and too many subsidies of the real estate market. The government should not approve any real estate focused stimulus plan. The real estate industry has been discredited and cannot be trusted. Mr. Yun should be ashamed of his shameless shilling for the economic pariahs that are the National Association of Realtors.