Would a Housing Crash Hurt Equity Residential's Earnings?
Over the past few months, home price appreciation has stalled out and prices have begun to decline. Some of the hottest markets are experiencing the biggest drops. In a note to clients, Goldman Sachs reportedly recently said that some markets could see a 2008-style decrease of 25%.
Should this prediction cause concern for investors in residential property landlord Equity Residential (NYSE: EQR)?
Source Fool.com
