Boston Real Estate for Sale

Goldman Sachs took a look at 24 prior housing busts and draws some tentative conclusions about what to expect moving forward.

The good news: History shows that ‘double-dip’ recessions are very rare after a housing bust.

The bad news: Recoveries after housing busts are usually very, very slow.

Well, we’ll take a very, very slow recovery if the alternative is another recession.

File under: Housing Bust History 101

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