THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT GEORGE HW BUSH
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What happened to housing sales as a result of the interest rate going up?
|
|
Sales went up because so many homes were being sold by the banks after they had repossessed them because the owners didn’t make their loan payments.
|
|
|
Sales went down a lot because because people were afraid to take out loans because of how many homes the banks had repossessed.
|
|
|
Sales went up dramatically because everyone was buying up the repossessed homes because they were so cheap.
|
|
|
Sales went down dramatically because no one was taking out loans because of the high rates. People had to put their house “on sale”
|
Explanation:
There is 1 question to complete.