How a recession could impact the housing market

[Neil Narayan]

A bevy of negative news this week has once again stoked fear that an economic downturn is imminent, however recessions don’t always impact housing with the same force as the job market or other sectors of the economy. Looking at home prices during the last five recessions since 1980, home prices come down only twice (1990 and 2008), and in 1990 it was by less than a 1%. During the other three, prices actually went up 🤯🙌💵

https://www.curbed.com/2019/1/10/18139601/recession-impact-housing-market-interest-rates?fbclid=IwAR3T-JqDCJzH4Ie4D3M7e23mKFpZEKEZ1omNc-jGq83Q07fKBDIPrMmL7Ww