History Proves Recession Doesn’t Equal a Housing Crisis
Posted by Ri Prasad on Thursday, June 9, 2022 at 3:29 PM By Ri Prasad / June 9, 2022 Comment
- It’s important to understand history proves an economic slowdown does not equal a housing crisis.
- In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
- If you have questions, connect with your local real estate professional ar Ri Prasad Luxury Group to discuss why today’s housing market is nothing like 2008.
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