@Shanese Francis If another recession like ‘08 hit, that would be brutal for many who bought at these prices. Once everyone started forclosing, it spread and people didn’t want to be paying insane $ while others were getting in way lower so everyone foreclosed where I lived in South CA. Foreclosure signs were everywhere! Maybe the market would be slower to bounce back because people might start to question whether the prices belong up, or down. However you look at it, you just have to do your best with what you got. “If” there was a recession in 2019, like your question posed, then I would gain as much RE intelligence and connections before that as possible because recession spells opportunity for the RE intelligent investors (or lucky investors).
