The political push for affordable housing created a housing bubble and laid the foundation for the GFC.

Name: The political push for affordable housing created a housing bubble and laid the foundation for the GFC.
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The political push for affordable housing led to policies and lending practices that relaxed credit standards, leading to the subprime mortgage crisis and the eventual collapse of the housing market, which triggered the 2008 global financial crisis.

The Political Push for Affordable Housing Created a Housing Bubble