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> Didn't housing prices fall dramatically in the 2008 financial crisis? No, not really. https://www.statista.com/statistics/240991/average-sales-prices-of-new
by nl 6y ago
> Didn't housing prices fall dramatically in the 2008 financial crisis?
No, not really.
https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/ https://www.statista.com/statistics/240991/average-sales-pri...
> Didn't various governments put vast amounts of money into the economy in an effort to ensure house prices returned to their previous levels and continued to rise?
No.
They put lots of money into the economy as Keynesian economic expansion policy, to combat unemployment.
House prices simply weren’t as dramatically effected as you seem to think. Check the statistics on the previous link if you don’t believe me.