ENC201Grantham University Housing Rise and Fall of 2000s Paper 2 Page paper 500 words Why did housing prices rise rapidly during 2002 – 2005? Why did the

ENC201Grantham University Housing Rise and Fall of 2000s Paper 2 Page paper 500 words

Why did housing prices rise rapidly during 2002 – 2005?

Why did the mortgage default rate increase so sharply during 2006 and 2007 even before the 2008 – 2009 recession began?

What did the Community Reinvestment Act have to do with the housing bubble and collapse?

Cite your sources as needed. Use APA formatting.