Will this year's recession be as bad as — or worse than — the Great Recession? To understand the answer, we have to look at some key differences. Opinion piece by Brian Mullins.
The future is always unknown. However, many of us are looking to the recent past — or more specifically, the Great Recession — for a sign of what’s to come. With unemployment rates projected to climb 30 percent or more, this year’s crisis might feel even worse than what happened in 2008. However, the truth is that today’s situation is much different, especially for us in the real estate industry.
1. This is a medical crisis that has created an economic crisis
Let’s be honest, the Great Recession was created out of a few things — the American dream, greed and too much…