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When a Recession Hits, What Do People Do?
In a recession, what type of companies will survive? What can the individual do?
Subprime Crisis – How it All StartedThe economy was healthy and interest rates were low. As a result, consumers felt like spending their money, and this caused real estate values to rise all across the country. And rise they did. In some markets, houses literally tripled in value between 2000 and 2005. That’s a 200% gain in just five years.
