```json
{
	"no": ["yes"], 
	"yes": ["yes", "no"]
}
```

Based on the analysis, it appears that clients who have a housing loan are less likely to subscribe to a term deposit, as the majority of clients who did not subscribe to a term deposit had a housing loan ("yes" value for the `housing` feature). However, it is also worth noting that some clients without a housing loan also did not subscribe to a term deposit. Therefore, the values of the `housing` feature that are associated with the target class "no" are only "yes". On the other hand, clients who subscribed to a term deposit had both "yes" and "no" values for the `housing` feature, indicating that having or not having a housing loan does not have a strong relationship with subscribing to a term deposit. Thus, the values of the `housing` feature that are associated with the target class "yes" are "yes" and "no".