Does anyone know if banks are starting to talk about closing down lines of credit or at what point they did this in the Great Recession?

People spend less in a recession. 3.

Deep recession or not, summer 23 could be another transaction heavy period and I don't see prices coming down significantly at all.

We have two more before the summer recess.

I caught the real estate bug and caught the tail end of the great recession in 2013 and bought 6 doors (4 SFR, 1 duplex) in 6 months!    

*Keep in the back of your mind while reading all this that the Fed has ALWAYS lowered rates at least 300bp (3%) in every past recession to cushion the fallout.

I am from and raised in Dallas Texas and I never really felt much during national recessions and I was born in 1956.  

One could argue that years of quantitative easing and low interest rates have masked underlying issues that could lead to a magnified and painful recession somewhere down the line.Can anybody provide me with some advice and words of encouragement OR caution?

Why is too long for this post.I'm in Sacramento, CA just watching the melt down... er ummm recession...

When things go bad....recession, market collapse, bubble burst etc, all of a sudden, a bank's lending appetite will change.