A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] by Kevin Maalizadeh · March 20, 2020Last updated on March 31st, 2020 at 02:16 am Some HighlightsThe COVID-19 pandemic is causing an economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.