Question
Contrasting the widespread foreclosures and bursting of the real estate bubble before the Great Recession ten or twelve years ago, conditions in 2020 suggest that:
Contrasting the widespread foreclosures and bursting of the real estate bubble before the Great Recession ten or twelve years ago, conditions in 2020 suggest that:
Group of answer choices
the market is less exposed now, with lower housing inventories, tighter credit standards and families demanding more suburban homes in light of Covid.
an even worse collapse in suburban real estate values is possible now, than occurred in the Great Recession.
residential values across small towns and suburbs in the US are now moving lower, and a "new" real estate crisis may already be underway.
housing starts and inventories are at all-time highs, and a dramatic fall in single family home prices is expected.
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