Question

housing prices boomed from 2002 to 2006, fueling the market for subprime mortgages and forming an asset-price bubble. housing prices began declining in 2006, falling by more than 30%, which led to defaults by subprime mortgage holders.

Answer 1

A

Step-by-step explanation:

I belive the answer is A due to like ballon loans or smth like that if its wrong lmk!