Based on my analysis, let's create a dictionary that shows the relationship between the feature "housing, has housing loan?" and the target variable "Does this client subscribe to a term deposit?". 

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

Explanation:
- For the target class "no", the only possible value of the feature "housing, has housing loan?" is "yes".
- For the target class "yes", the possible values of the feature "housing, has housing loan?" are "yes" and "no".

Note: It is not necessary to include the "no" target class value in the dictionary, as it is difficult to predict the exact values for the feature "housing, has housing loan?" for this target class. However, the "yes" target class has both "yes" and "no" values for the feature "housing, has housing loan?".