Page 4 - Is a good or bad time to invest in property
P. 4
How could
this next
recession
impact you?
When I talk to people about their fear of a
recession, what they're most concerned
about is for real estate prices to drop as
significantly as they did in 2008.
In my opinion, that's unlikely to happen. In
2008, property prices dropped significantly
not as a result of the recession, but because
the housing collapse is what caused the
recession in the first place.
Real estate performed relatively well in prior
recessions.