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Updated over 7 years ago on . Most recent reply
Thinking about economic downturn?
Anyone afraid of supposed economic bust similar to 2008 - 2013? What are you doing to prepare?
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![Levi T.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/502536/1736920763-avatar-levithornton.jpg?twic=v1/output=image/crop=1290x1290@0x0/cover=128x128&v=2)
I'll never understand why everyone looks for another crash right after the last one.
It's as if one has wrecked their car, just got it back from the mechanic, and as they drive off the lot, they start preparing for another crash.
There is no crash currently happening, there's not going to be another nationwide housing crash.
If by some crazy chance it does, guess what, if your in or out, it don't matter, your bankrupt with 99% of the rest of the county.
If your in a state that people say it's crazy on everything they do. That's a nice way of saying your state has bad economics, is screwing up, and at some point one of two things will happen. It's going to go bust, or there will be a long period of depressed growth while other factors help stabilize the crazy (bad) economics of that state.