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Social Studies, 01.05.2022 23:30 AnnaValentine2764
In the years leading up to the financial crisis of 2008β2009, the market for housing can be best described as
booming, driven by rising prices and increased demand due to low interest rates.
booming, driven primarily by increased demand due to rising interest rates.
stagnant, with no large variation in growth rates.
crashing, as housing demand had declined severely since the early 1990s.
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In the years leading up to the financial crisis of 2008β2009, the market for housing can be best des...
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