It would be easiest to jump on the dooms day band wagon and predict a housing market crash. After all, no one criticizes pessimists when markets perform better than they predict. We aren’t as kind to those who overshoot with rosy predictions, though.
Yet the reality I see in the housing market - as the factors stand today – is promising. So allow me to put my head on the chopping block and suggest that the housing market may see a soft landing this next recession rather than the crash and burn we saw in 2008. A big reason why?
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