HELOC but worried about depreciation in the next few years

[Eric Girard]

Based on the last month's job gains, the historically high credit and housing debt, the trade wars, and housing prices in Boston it looks like a small recession is coming. I want to get a HELOC but I don't want to be drowning in debt if the value of my home drops 40% like in 2007-2009. I'm thinking a flattening of prices will happen across the country with some price drops.

What does everybody else think? As a group do we think the market in the next year will go up, down or stay flat?