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Updated almost 5 years ago, 02/22/2020
Palmdale/lancaster CA during downturn
Hi there,
Just wondering if anyone has had any experience with rental properties in Palmdale or lancaster area during downturn /recession.
What happened to your current tenants? how's the rental situation during that time? and how hard was it hit during the downturn?
I heard that properties went down to even below 100k.
Sorry to ask these questions, but I invested quite heavily in the area and I need to prepare for the worst. Thank you