Housing won’t be to blame, and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin. ICNY 2020 ICNY2020. Real estate's premier event. Show Comments Hide Comments Comments Sign up for Inman’s Morning Headlines What you need to know to start your day with all the latest industry developments Sign me up Success! Thank you for subscribing to Morning Headlines. Read Next Yield curve inversion fears are overblown Housing start data spells good news for recession fears: Economist Fed cuts interest rates: What it means for the housing market Next recession will come in 2020 — but it won't be due to housing More in Markets & Economy The year ahead: More growth, but at a slower pace Inman News quiz: Think you're on top of the week's biggest stories? Home prices could grow by 5.4% by October 2020: CoreLogic Rent control is getting more popular, but does it actually work?