which statement best describes the main cause of the 2008 housing market crash in the united states?\no many…

which statement best describes the main cause of the 2008 housing market crash in the united states?\no many people could not buy new homes during a weak economy.\no many homes could not sell because housing prices rose too fast.\no many homes could not sell because banks charged high interest.\no many people could not make home payments during a weak economy.

which statement best describes the main cause of the 2008 housing market crash in the united states?\no many people could not buy new homes during a weak economy.\no many homes could not sell because housing prices rose too fast.\no many homes could not sell because banks charged high interest.\no many people could not make home payments during a weak economy.

Answer

Brief Explanations:

The 2008 housing market crash was due to sub - prime mortgage defaults. During a weak economy, many borrowers with adjustable - rate mortgages could not make home payments, leading to a wave of foreclosures and the crash.

Answer:

Many people could not make home payments during a weak economy.