I am as prepared as I can be and I have heard from alot of developers that recessions, might make It take longer to sell, but in the luxury space, impacted of course, who isn't, but shouldn't deter interested buyers.  

This gap in the market has become increasingly pronounced, posing challenges for both developers and consumers alike.During the Great Recession, the housing market saw a shift towards multifamily rental properties as homeownership became less attainable for many.

Regardless of what the talking heads are saying, the U.S. is in a recession. 

I know in the apartment complex I was living in during the heart of the recession, the property manager started reducing everybody's rent by 10%+ because there was a sudden mass exodus of tenants.. and our rent was already pretty cheap for the area.And with that said, it seems to me that you should create some wiggle room for how much you can afford to charge in the  absolute worst case scenario to make things work.  

What if the country goes into a recession and your property loses 20% of it's value? 

I have some San Diego STRs and MTRs and will say we had the slowest off season since the Great Recession (not including COVID lockdown times).  

I was lucky that invested heavily when/after great recession.   

In a past life, I did a big analysis of various asset classes throughout many recessions using data from NCREIF data.  

We like self-storage because even if there is a recession, and people downsize, those people will have a need for self-storage, as evidenced by storage occupancy rates during past recessions.

@Jorge Abreu  Good article, as we move towards a recession I think more investors will migrate towards funds as they are more reluctant to make $50K- $100K investments in single deals and are looking for more diversification.