1. The Effects of the Housing Market on the United States Economic Crisis
... to find work. Those people who were foolish enough to think it would last forever bought homes and set up shop in areas where the construction boom was going strong. They were making money, so they took the ARM's their own industry had pushed for and bought bigger houses, houses they could not afford. If they have not already been foreclosed on ... awhile. Construction companies that popped up like daisies have now closed their doors, but not before the owners of those companies walked away with millions of dollars. Their employees, however, were not so lucky. They walked away jobless, ...
- Word Count: 579
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School