Before the Real-Estate bubble exploded, The banks made it extremely easy for people to borrow money to buy real estates. This make people make a lot of loans to buy properties thinking that the value of the properties will eventually increased and they can pay back their loans.

When the bubble exploded, the value of the properties that they hold massively declined. Following this, furniture, appliances, and home improvements which considered as <em><u>complimentary products </u></em>For other properties also declined.

Now the consumers trapped in huge loans without having any assets to make back it up. Making it extremely hard for them to borrow another money since their chance of paying them back was extremely low.

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3 years ago

After three months of riding the 8:30 bus to work, Kathy has actually started to feel affection for the gruff and scowling old b

solniwko [45]

Answer:

The mere exposure effect

Explanation:

The mere exposure effect also called the familiarity effect occurs when an individual begins like and grow tenderness towards something They are use to or familiar with. In the example in the question, Kathy begins to feel affection for the bus driver as she has become familiar with him havingvtravelled with him for over 3 months

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3 years ago