The catalyst for the subprime market crisis beginning in 2006 was:

Question

Quizplus · Accepted Answer

The subprime market crisis was primarily caused by falling housing prices, which meant that homeowners were unable to sell their homes for the price they paid for them or even the amount of their mortgage. This led to homeowners defaulting on their mortgages, which in turn destabilized the housing market and financial institutions that had invested in mortgage-backed securities. While other factors contributed to the crisis, such as loose lending standards and speculation, falling housing prices were the main catalyst.

The Catalyst for the Subprime Market Crisis Beginning in 2006