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Updated about 6 years ago,
Is it a good time to buy real estate with possible recession?
I live in a good, affluent neighborhood in Queens, and I'm interested in buying a co-op, especially now since Amazon is moving into Long Island City.
But with a possible recession coming in 2019, and housing prices up so much, is it a safe time to buy(even in Queens) or would it be wiser to wait? I'm not familiar enough with real estate to know if it's worth it to buy anyway, as the real estate will probably go up still over time.