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Would a Housing Crash Hurt Equity Residential's Earnings?

TheMotleyFool

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Would a Housing Crash Hurt Equity Residential's Earnings?: https://g.foolcdn.com/editorial/images/718211/luxury-apartment-buildings.jpg

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

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