Why did housing prices rise rapidly during 2002 – 2005

Why did housing prices rise rapidly during 2002 – 2005

Microeconomics – Week #3 Assignment

Housing Collapse Paper

After reading Special Topic 5, write a 2-page paper answering the following:

Why did housing prices rise rapidly during 2002 – 2005?

Why did the mortgage default rate increase so sharply during 2006 and 2007 even before the 2008 – 2009 recession began?

What did the Community Reinvestment Act have to do with the housing bubble and collapse?

Cite your sources as needed.Use APA formatting

Answer preview to why did housing prices rise rapidly during 2002 – 2005

Why did housing prices rise rapidly during 2002 - 2005

APA

678 words

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