Which way did the demand curve shift?

 

 

 

 

 

the ecomony collapsed in the fall of 2007. a lot of it had to do with the housing market. in hindsig Show more the ecomony collapsed in the fall of 2007. a lot of it had to do with the housing market. in hindsight it turns out that the housing market was artificailly high. in esssence there was a strong demand for housing for a lot of reasons and this shifted the demand curve. research some of th eprograms or policies which shifted the demand curve for housing. Which way did the demand curve shift? what impact did the shift in the demand curve have on home prices? what programs or policies would you put in place to prevent this from happpening again? Show less