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18 Aug 2020
Which of the following contributed to the soaring housing prices during 2002-2004?
a. Regulations designed to make housing more affordable increased the demand for housing and drove housing prices upward.
b. Regulations designed to make housing more affordable decreased the number of sub-prime loans and made home buying a safer investment.
c. Mortgage lending standards tightened, and therefore mortgage loans for housing were only available to buyers purchasing highly expensive homes.
d. Home buyers were required to make larger down payments and this increased the demand for housing, driving housing prices up.
Which of the following contributed to the soaring housing prices during 2002-2004?
a. Regulations designed to make housing more affordable increased the demand for housing and drove housing prices upward.
b. Regulations designed to make housing more affordable decreased the number of sub-prime loans and made home buying a safer investment.
c. Mortgage lending standards tightened, and therefore mortgage loans for housing were only available to buyers purchasing highly expensive homes.
d. Home buyers were required to make larger down payments and this increased the demand for housing, driving housing prices up.
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Sonal BahlLv10
30 Sep 2020