With all the conversation around recessions, many people think that home prices will drop if we are in or go into another recession. However, when you look at the data from the last 6 recessions, it’s clear to see that a recession DOES NOT EQUAL a drop in house prices. Take a look at the real correlation between recessions and home prices. The housing crisis of 2008 was unique and happened mostly because of predatory lending practices and unregulated markets. This is not another 2008!
