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  1. kathryn d

    What happens during a recession????

    True...but depending on how big or how long a recession / depression lasts, unless you own your properties outright, there would be a lot of pain. If I can break even + $1.00 leftover ...I can live with that.
  2. kathryn d

    What happens during a recession????

    It certainly didn't stop us...we went gung ho for 6 years and amassed all the properties we wanted. But just because you don't want to believe a recession/depression is coming...just doesn't make it true.
  3. kathryn d

    What happens during a recession????

    remember the 'roaring' 20's...then crash of 1929.... (I know , not personally..historically) don't get lulled into a false sense of security.. It can always stop, at any moment.
  4. kathryn d

    What happens during a recession????

    In our case...1990...employees at the factory where my spouse worked all took a 10% wage decrease for a year...and job shared while EI (employment insurance) paid 94% of their wages. Early 1980's...interest rates went up to 18-20%....people lost their homes. (family member almost did)...
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