“Recession” is a dirty word in real estate investment. When we hear it, we tense up. We can feel our hearts stitch a little bit. Our memories of a recession are still fresh. For many, the wounds are raw and the effects are still felt even a decade later. The Great Recession, as many have come to call it, rocked the housing market beginning in 2008 and hit its full stride in 2009 and in the years following.