When it comes to real estate, several factors help forecast which housing markets will be the most vulnerable and which will be the strongest when the next recession hits — whether that be now or ten years from now.looked at major metro areas across the US and found the 10 that are the least likely to see a housing downturn in the next recession.
There were three other, less weighted, variables measured in the study: the diversity of local employment, the share of the local economy that is dependent on exports, and the share of local households headed by someone 65 or older. The weight of each variable remained consistent throughout the study.
Liquidity is the key. This is driven by an imbalance of demand over supply. I am sure that there are parts of California or NY state that should be in this list.