Housing Boom EXPLAINED: The Subprime Loan CRISIS #shorts

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In the early 2000s, low interest rates fueled a housing boom. Subprime loans, often with variable rates and balloon payments, became common. Borrowers relied on rising prices to refinance, but a price stall led to defaults. #HousingMarket #SubprimeLoans #EconomicHistory #FinanceExplained
Watch the entire video here: https://youtu.be/yWAjk5v_fPA
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