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Updated over 8 years ago,
Are buy & hold properties recession proof?
Hello all,
I'm still a newbie when it comes to RE. I currently live in California, which as most people know is very very expensive and I'm looking into buying my first multi family home. I'm hoping to live in one and rent out the others. I'm just curious if these type of properties provide less risk through times of a recession. Again I'm still very new and I'm just speculating that 2007 will happen again. Any insight is welcomed!
Thank you,
Tommy