1. Read the article, “Subprime Lending“. Based on the content presented in the article, describe the evolution of the real estate economics practice in the past ten years. How will subprime lending affect the U.S. real estate market and economics? Will the new and current subprime lending from major financial institutions have the same effect as the 2000’s real estate downfall? Do you believe that subprime lending is necessary to increase or build the U.S. real estate market?
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