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When did the housing crisis start?

The US housing crisis is commonly traced back to the mid-2000s, with the collapse of the subprime mortgage market in 2007 as a major triggering point. Risky lending practices, housing price bubbles, and financial market speculation all contributed to the crisis.


How the Cuban missile crisis affected us?

the Cuban missile crisis affected us by the penis accidentaly getting out of control and producing to much for America to handle...this was almost as big of a tragedy as world war 2.


Did George W. Bush sign a treaty to ease the US housing crisis?

I am assuming he did


What will the 700 billion dollar bailout solve?

It will solve the economic crisis that has affected the US and the whole world


Is dallas real estate affected with the us housing bubble?

The real estate of every city is affected by the U.S. housing bubble. Dallas hasn't been affected any more or less by this than other cities, so the whole country's in the same boat.


Insights of financial crisis.. this will give a benefits to?

The US Subprime financial crisis, caused a massive void in the country's economy and the liquidity in the markets was affected badly. Nobody has gained any benefit because of this. Everyone is suffering because of the crisis.


What were the key economic impacts of the US financial crisis in 2009?

The key economic impacts of the US financial crisis in 2009 included a sharp decline in GDP, high unemployment rates, a housing market collapse, and a significant decrease in consumer spending. These factors led to a global recession and a long-lasting impact on the US economy.


How did the energy crisis affect life in the US?

The energy crisis affected life in the U.S. by causing the use of the 55 mile per hour speed limit. It also fostered a rise in environmentalist issues that led to protection of the environment.


What is average rent in us in 2009?

In 2009, the average rent for an apartment in the United States was approximately $1,000 per month. However, this figure varied significantly by region, with metropolitan areas often experiencing much higher rents. Factors such as location, size, and type of housing also influenced rental prices during that time. The housing market was still recovering from the 2008 financial crisis, which affected rental trends across the country.


What enables US citizens to consume a disproportionately large amount of products compared to the rest of the world?

The fact that US citizens have a high per capita income (per capita = per person) allows them to consume a disproportionately large amount of products compared to the rest of the world.


The 2007 crash of the US housing market was an example of a(n) .?

The 2007 crash of the US housing market was an example of a financial bubble and subsequent market correction. It was characterized by speculative investments in real estate, leading to inflated housing prices that eventually collapsed when mortgage defaults surged. This crisis triggered a broader financial downturn, impacting global economies and resulting in significant regulatory changes in the financial sector.


What were the names of the leaders of the US during the Cuban Missile Crisis?

John F Kennedy was the president of the US at the time of the Cuban Missile Crisis.