Why Home Prices Won’t Crash in the Next Recession

HousingWire, November 8, 2023–Logan Mohtashami
Is the U.S. headed for another housing bubble crash? With home prices at all-time highs and concern that the labor market will break going into a recessionary period, is another 2008-style crash a possibility? The answer is no, and for that, we must thank the 2010 qualified mortgage (QM) rule, which has high standards for borrower credit scores and the ability to repay the loan.
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