and buy their house, which would continue to grow in value (P. Wissén, U. Wissén, 2011).
Shortly one could say that it wouldn't matter if the loaner wouldn't be able to pay back the
loan since the house value would cover the loan. This was not what happened; instead, the
bubble of the inflated house prices exploded and the values of the houses dropped sharply
(P. Wissén, U. Wissén, 2011). The subprime mortgage crisis was a fact.