Housing bubble

From Conservapedia
This is the current revision of Housing bubble as edited by DavidB4-bot (talk | contribs) at 14:28, June 28, 2016. This URL is a permanent link to this version of this page.
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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