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Updated almost 5 years ago, 04/07/2020
Rental Market during recession- 2008
Hello,
I’m interested in hearing from people who had portfolios during 2008. Some insight on what to expect, things to think about and general planning would be awesome. Who knows what’s going to happen and I would like to prepare for the worst.
1. What did rents do? Decrease? Stay Stagnant?
2. How were section 8, voucher programs and government subsidy apartments affected?
3. How does the unemployment rate affect the rental market?