Worse than used car dealers. Really.

From CJR -- Bloomberg Buys the Discredited Realtor Lobby’s Spin:

You’d think that by now the media would be done with the National Association of Realtors, a discredited organization that caused the press so much embarrassment during the housing bubble.

But here’s Bloomberg writing a story that could be an NAR press release, warning that “There may be another culprit scuttling a U.S. housing recovery: low home appraisals.”

To which Yves Smith of Naked Capitalism provides a welcome dose of “yeah, right.”

To which we add: Pshft, yeah!