Difference between revisions of "Housing bubble"
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The bubble burst in the summer of 2008, just in time to influence the results of the presidential election. Support for the Democratic candidate skyrocketed as stock prices fell. | The bubble burst in the summer of 2008, just in time to influence the results of the presidential election. Support for the Democratic candidate skyrocketed as stock prices fell. | ||
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* [[Real estate]] | * [[Real estate]] | ||
* [[Greater Fool Theory]] | * [[Greater Fool Theory]] | ||
* [[Subprime loans]] | * [[Subprime loans]] | ||
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==References== | ==References== | ||
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| + | {{Economic preparedness topics}} | ||
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| + | [[Category:Economic Preparedness]] | ||
[[Category:Economics terms]] | [[Category:Economics terms]] | ||
Latest revision as of 14:28, June 28, 2016
The housing bubble of the 21st century's first decade was an economic bubble caused by a federal mandate to issue housing loans to borrowers with poor credit. The bubble burst in the summer of 2008, just in time to influence the results of the presidential election. Support for the Democratic candidate skyrocketed as stock prices fell.
See also
References