A Recession Does Not Equal a Housing Crisis

March 20, 2020

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Paul Garrison does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Paul Garrison will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.