Is Real Estate Recession Proof?

[Dan Close]

When I think recessions I automatically start thinking about plummeting real estate values and how that could hurt me with my existing portfolio or if i'm in the right position it can be a great time for more acquisition. But per the data, for every official recession since 1980 only the last one had any significant impact on real estate. Very interesting article from Redfin.

"In all but the 2007-2009 Great Recession, inflation-adjusted home prices only declined an average of 2.7 percent from the month before the recession began to the final month of the recession"

https://www.redfin.com/blog/ne...