Real estate crash will not cause recession

If history is any indicator, according to the UCLA Anderson Forecast, we can expect the real estate market to crash as opposed to the market slowdown everyone is hoping for. Only this time, it would not lead to a national recession. A recent poll conducted by AOL found that 51 percent of the 61,000 respondents believe the real estate market will burst in the next year, 37 percent thought it won’t burst, and 12 percent responded that they did not know. What do you think?  Is your market slowing? Is inventory rising? I will join the 37 percent of respondents and say the bubble will not burst, we will just see a slowdown. What’s with the 12 percent of people answering they didn’t know? It’s an opinion, pick one or the other, not I don’t know.