The Strong Demand for Housing, Rising Housing Prices, and a Construction

Multiple Choice

The strong demand for housing, rising housing prices, and a construction boom from 2000 to 2005 were a result of

A) market forces that were eventually cut short by the stock market crash of 2008.
B) policy changes that had positive initial effects, but negative long-term effects.
C) tightened mortgage lending standards that reduced the risks of obtaining a home mortgage.
D) the rising interest rates of that period, which increased the demand for housing.