The current state of the economy has many people wondering if we are heading for another housing market crash like the one we experienced in 2008. However, several key differences between the housing market today and 2008 make a crash much less likely.
First, before we jump into the metrics, it is important for us to get a baseline of what actually happens to house prices during U.S. recessions. In tracking the last six recessions since 1978, JWB measured how long they lasted, the gross domestic…
