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Amid the stock market’s volatility on Wednesday, experts will once again look for the bubble that might burst into the next recession. But housing experts say that real estate is unlikely to be the culprit this time around.

On Wednesday, the Dow Jones Industrial Average DJIA, +1.15%  plunged 831.83 points, or 3.2%, to 25,598.74; the S&P 500 SPX, +1.42%  index fell 94.66 points, or 3.3%, to 2,785.68; and the Nasdaq Composite Index COMP, +2.29%  dropped by 315.97 points, or 4.1%, to 7,422.05, its biggest decline of 2018.

Prior to the 2008 financial crisis, the housing market heated up thanks to lax lending policies and over-eager home builders constructing properties no one bought. Homeownership rates and home prices hit all-time highs back then, before they came crashing down as many borrowers went into foreclosure. The rest, as they say, is history.  Read more