What were house prices like during the recession? Did they go down significantly? Or not so much?

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... this is regionally dependent. But they went 📉

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Look up Case Shiller, its the default economic index for housing prices.

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In Vegas they plunged upwards of 67%

Prices go down 10-15% in typical recessions, varies widely across regions. Plunged 40% during the GFC but that isn’t going to happen again.

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