But I have really started dedicating myself to studying recessions/depressions seeing that everyone seems to be convinced we're headed into one I want to understand that/economics better, so pretty much I've stepped back from investing to much right now and started doing more study then anything else.Thank you so much for the comment, I apologize for my ungrateful butt not commenting earlier, thank you for sharing your amazing knowledge and time with me! 

It's crucial to understand the differences to make informed decisions.The recession and economic meltdown in 2008 were a direct result of the housing crisis.

(Even if there is a recession in the next 2-3 years, the property will still appreciate over a 10 year period. 

Still I always suggest sticking with long-term rental since they are more recession proof and they're not as glamorous, and finding those turnkey rentals that meet the 1% rent evaluation without being in a run-down area is getting harder these days, even in unexpected places like Ohio.

A good bs test is if they were not an agent during the great recession, they probably do not have experience with short sales. 

From recently heard fossils, Bank of America is the worst bank to take a loan from, especially during the recession.

I built mine in the bay area and that started in the depth of 2000 recession.

Prices are back to pre-recession values and rents are climbing slightly again.

There has been talk of this pending recession for the last few years, and I’m wondering what the more educated real estate investors believe will be the effect of a recession on the real estate market?

If you are a 58 year old and you have been laid off due to the virus driven recession.