In the world of economics, a recession is a term that means an overall decline in economic activity and a widespread drop in spending lasting longer than six months. When a recession occurs, it means that businesses lose revenue and they go into survival mode, which means they stop expanding. This, in turn, causes a rise in unemployment. When people don’t have money to spend, they are much less likely to purchase a home or take on any burden of equity. That being said, people still need a place to live. The most likely alternative solution would be to rent a place of residence. Read more at https://jeroldnovack.wordpress.com/2020/01/08/investing-in-apartments-during-a-recession/