@Steve Chan there's no such thing as recession proof.

The economics of the city are exceptionally diverse meaning that redundancy is built in against any kind of downturn or recession. 

Obviously this is all speculation, especially with the coming economic recession (who knows when).

I was wondering if anyone was willing to connect or post your insights on the state of the market.It seems that Tucson has recovered very nicely from the recession and budget sequestration, but curious if this growth can continue, as well as the fact that it seems building permits are increasing significantly. 

Also, they may get nervous and want to cash-in on their equity if a recession hits.That’s just a couple of my observations/opinions on the area, but I’d love to keep this conversation going and get some more perspectives as NWA will be my primary investment focus in the coming years.

Island viewBecause the entry cost in Detroit is so low I would say that it will feel very little effect in a housing recession when it comes to values.

Do you think we are currently in a recession?

Unless I'm buying at what it a known or obvious market recession/bottom, then I'd hesitate to do anything other than a fixed loan.

Main reason is because we look like we are heading into a recession and by the looks of the data it could be a bad one.

Goldman Sachs and Morgan Stanley agree that COVID19 has caused a global recession.