In 2007 and 2008, some commentators began to say that the "[[housing bubble]]" was collapsing,<ref> [http://www.iht.com/articles/2008/04/13/business/housing.php U.S. housing collapse spreads overseas] </ref> a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off. | In 2007 and 2008, some commentators began to say that the "[[housing bubble]]" was collapsing,<ref> [http://www.iht.com/articles/2008/04/13/business/housing.php U.S. housing collapse spreads overseas] </ref> a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off. |