Friday Power Tips with Lynea: The Housing Crisis | Lynea Carver | S10 E25

The housing crisis in the United States refers to the period of difficulty in obtaining affordable housing that began in the mid-2000s and continues to the present day. This crisis was caused by a combination of factors, including a lack of affordable housing, a proliferation of subprime mortgages, and a sharp increase in home prices. As a result, many Americans were unable to afford their mortgages and faced foreclosure, while others were priced out of the housing market altogether. The crisis had a significant impact on the economy, contributing to the 2008 financial crisis and resulting in widespread economic hardship for many Americans. Despite some improvements in recent years, the housing crisis in the US continues to be a major issue.