How does a recession impact the demand for housing in rural areas?

We examine a panel of quarterly state- level data on house prices, mortgage debt, and employment along with a measure of banking distress. Then exploiting both ... During the GFC, a downturn in the US housing market was a catalyst for a ... A similar expectation on house prices also led property developers and ... Jan 11, 2010 ... But with the recession and tumbling commodity prices, a housing market correction was inevitable. ... We know that what happens in the housing ... Dec 28, 2021 ... In the wake of the short but steep COVID-19 recession, house prices have risen at record levels in recent months, hitting the peak increase of 19.3 percent in ... Mar 1, 2024 ... Interest Rates. When the stock market crashes or even ... It seems some people are in complete denial we are already in a recession. Feb 15, 2024 ... A recession typically means that interest rates will fall to make it easy to borrow money and credit in a way that should help encourage spending. Jun 26, 2020 ... This recession just goes to show an economic downturn doesn't have to be severe and long-lasting to have a profound effect on the housing market ... Mar 21, 2023 ... ... to do what it takes to restore price stability. ... In 2007, after a long period of steadily rising house prices and increased lending, house ... The U.S. economy experienced a severe financial crisis together with a housing bust in 2007–2008. The subsequent recession significantly affected the economy, ... Mar 19, 2025 ... Neither of those scenarios is similar to what home buyers could face today if a recession happened. The housing market has been facing two years ...