People in a coastal community believe housing prices in their area have been pushed to unreasonably high levels due to expectations of rising demand for housing by retiring baby boomers. This...

in their area have been pushed to unreasonably high

levels due to expectations of rising demand for housing

by retiring baby boomers. This situation is termed

a.
an asset bubble.

b.
a shadow bubble.

c.
financial panic.

d.
maturity transformation.

e.
financial contagion.