Respuesta :
It might be a good idea to buy a home during a recession because housing prices are down, less demand means more options for buyers, less demand means less competition with other.
Why might it be a good idea to buy a house in a recession?
A recession is a period where the gross domestic period for four consecutive quarters is negative. When there is a recession, prices are depressed also there would be depressed consumer demand. This leads to the excess of demand over supply.
Thus, in a recession the prices of houses would be depressed and there would be an excess of supply over the demand for houses.
To learn more about recession, please check: https://brainly.com/question/14737261
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