One of the major problems that led to the financial crisis was the “housing bubble.” What is meant by this term?

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asked Feb 10, 2023 222k views

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Martin Nyolt · Answer 1 · 2023-02-15T02:28:17+0000

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A housing bubble a sustained but temporary condition of over-valued prices and rampant speculation in housing markets. The U.S. experienced a major housing bubble in the 2000s caused by inflows of money into housing markets, loose lending conditions, and government policy to promote home-ownership.

One of the major problems that led to the financial crisis was the “housing bubble.” What is meant by this term?

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