We went through a balance sheet contraction recession where weak borrowers were (and continue to be) separated from their assets.

Oh, on the opposite side of this wall are some additional pantry areas with shelves and another recessed area for more cabinets.I had hope to put the fridge there, but it's not deep enough - only 24".

If you have $150k you can look for other condos who do not have rental restrictions (make sure you read the entire bylaws, some condos allowed exemptions during the recession but they can enforce the original rules at any time) or use the money as a down payment on a bigger property

The recent great recession and even the great depression would pale by comparison.Travel restrictions sound great.  

Developers stop developing as it is no longer profitable.(4) Recession: Below inflation and negative rent growth.

And if I could go back in time, I would have told myself to buy sooner (during the recession)!

When the economy shows signs of weakening, I will pull back on new HML's.As far as equity deals, I don't touch them is the debt is over 70% and I  over 50% of my capital is in mobile home and self storage investments, which should do fine in a recession.

It's a broad subject and everyone has heard a horror story, especially in the wake of the recent 'great recession'.  

With a glut of inventory already on the market in most areas; the subprime fiasco causing lending practices to tighten (thereby shutting a lot of potential buyers out of the market); a looming avalanche of foreclosures; and a pending recession; who are you going to flip to?

When we have another recession I wonder if they will survive.