The housing bubble that began building in 2001 was primarily the result of

Question

Quizplus · Accepted Answer

Low interest rates and increased liquidity provided by the Federal Reserve made it easier for people to obtain mortgages, leading to an increase in demand for homes and driving up prices. This, in turn, led to speculative buying and overbuilding, ultimately resulting in the housing bubble. The other options listed were not significant factors in the housing bubble.

The Housing Bubble That Began Building in 2001 Was Primarily