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

Based on the analysis, for clients who do not subscribe to a term deposit ("no" target class), the possible values for the feature "housing" are "yes". This suggests that these clients are more likely to have a housing loan.
On the other hand, for clients who do subscribe to a term deposit ("yes" target class), the possible values for the feature "housing" are "no". This indicates that these clients are less likely to have a housing loan.