A Recession Does Not Equal a Housing Crisis
Posted by Jared Johnson on Tuesday, September 3, 2019 at 5:34 PM By Jared Johnson / September 3, 2019 Comment
- There is plenty of talk in the media about a pending economic slowdown.
- The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
- Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
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