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The sharp increase in housing prices in the lead up to the financial crisis was fueled by all of the following EXCEPT Group of answer
The sharp increase in housing prices in the lead up to the financial crisis was fueled by all of the following EXCEPT
Group of answer choices
a)high inflation rates
b)deterioration of income and credit requirementson much mortgage lending
c)ability of borrowers to easily borrow without putting the usual 20% down-payment on the house
d)expectations that home prices would continue to increase
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