The coronavirus outbreak has strained business sectors across the globe. However, real estate historically offers more stability during a recession, especially when compared to stocks and bonds.
During the 2008 recession, even while homeowners suffered significant losses, single-family and multi-tenant rentals remained positive. Income from real estate is more consistent and predictable during an economic downturn. Even when times are tough, people need places to live. The market for apartments will always be there.
A recession can open up opportunities for great deals on rental properties, especially as demand temporarily goes down. Theses investments can be positioned as rentals, and then sold for a profit when the demand goes up again.
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