Respond to the following in a minimum of 175 words:
Discuss the factors that contributed to the “subprime meltdown” of 2006 – 2008. Which of these factors, in your opinion, was most responsible for the meltdown? To what extent is that factor present in today’s real estate marketplace? What is the likelihood of another, similar meltdown in the near future? Support your position with specifics and examples from the textbook or your own experience.
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