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

Based on the analysis, the possible values of the feature "housing" for the target class "no" (client not subscribing to a term deposit) are ["yes"]. This means that clients who have a housing loan are less likely to subscribe to a term deposit.

The possible values of the feature "housing" for the target class "yes" (client subscribing to a term deposit) are ["yes", "no"]. This means that both clients with and without a housing loan can subscribe to a term deposit, so the feature "housing" alone may not be a strong indicator of subscribing to a term deposit.