recession: Great Investments that are Recession Proof..
- 02/17/08 10:19 AM
Just wanted to get feedback as to which types of properties are recession proof, and which ones to stay away from these days. My personal opinion at least for the Atlanta market is that multi family tends to be the type of property that thrives during a recession due mainly because people in general don't have much money to invest into a home of their own and are forced to rent. Even during times of prosperity people require a place to live, however the vacancy rates tend to be somewhat higher. Thoughts and opinions are welcome.... … (3 comments)
Just wanted to get feedback as to which types of properties are recession proof, and which ones to stay away from these days. My personal opinion at least for the Atlanta market is that multi family tends to be the type of property that thrives during a recession due mainly because people in general don't have much money to invest into a home of their own and are forced to rent. Even during times of prosperity people require a place to live, however the vacancy rates tend to be somewhat higher. Thoughts and opinions are welcome.... … (3 comments)
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