The housing bubble collapsed from
A) 1988 to 1999.
B) 2001 to 2003.
C) 2004 to 2006.
D) 2007 to 2009.

Question

Quizplus · Accepted Answer

The housing bubble collapsed from 2007 to 2009, as evidenced by the financial crisis that began in late 2007 and the sharp drop in housing prices that followed. While there were signs of trouble in the years leading up to the collapse, including the subprime mortgage crisis and the failure of several large financial institutions, it wasn't until 2007 that the crisis hit full force and the housing market began to crumble.

The Housing Bubble Collapsed from