It produces jobs/economic activity that are recession proof, and are the FIRST things to be paid.With this great backing of the Feds, Texas can provide a low-cost, low-tax State level environment. 

The areas this economic recession, so we were able to get great deals.

If we dive into a recession then the Fed will slash rates, bonds will benefit and rates will go down but buyers will be hesitant to purchase due to the unstable job market therefore continuing the fall in prices.

The migration patterns into SC seem very favorable, and given how many growing towns there are that still have SFRs below the national median I think SC will continue to track well, even through a recession. 

But, like any appreciation play, it's just an educated guess.I prefer the northern and eastern counties because if you can find a good deal here, you won't need to bet on appreciation since it's practically guaranteed (baring a recession, of course). 

Read J Scott's book Recession Proof Real Estate Investing. 3.  

His problems stem from the occupants' attorney whom, it appears, is abusing his position as a legislator to get a continuance on the eviction hearing until the government gets its summer recess. 

I was able to get in as a result of the recession when brokers were needed and they had the inventory to assign.

. :)Home Possible has income limits by census tract, but that's based on data from the 2010 census when many areas were "underserved" by the mortgage industry (Great Recession and all)... local to me, that represents about 90% of Oakland, half of Alameda, swaths of San Francisco and Silicon Valley. 

More and more I'm hearing that STRs are going to be the alternative to hotels as it looks like a recession may be eminent.