There’s a buzzword that’s recently been making the rounds in the real estate investment space: recession-resistant. (Or worse yet, “recession-proof.”)
“Protect your investments with this recession-resistant market!”
“Recession-proof your portfolio with this property!”
The reason why this concept is being thrown around is simple. While the country was technically in a recession that is now considered “over,” there is no denying that COVID is still wreaking havoc on the economy and creating instability that is being masked by the government and rhetoric. Unfortunately, if you look closer at these claims, you’ll probably find nothing but a steaming pile of crap.
Let me explain…
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