@return2ozma to News • 1 year agoAverage American Debt: Household Debt Statistics, Average household debt hits $101,915www.businessinsider.comexternal-linkmessage-square20arrow-up198arrow-down122
arrow-up176arrow-down1external-linkAverage American Debt: Household Debt Statistics, Average household debt hits $101,915www.businessinsider.com@return2ozma to News • 1 year agomessage-square20
minus-square@wazlink1•1 year agoI’m curious if it includes the house as an asset. Does a $300,000 house with a $200,000 mortgage count as $100,000 or $200,000 of debt?
minus-square@pete_the_catlinkEnglish2•1 year agoIt’s per year. My parents were like “50 grand in debt? That’s nothing!” which shows you the true state of the American economy.
Including mortgages? That’s not bad at all.
There is no way this figure includes mortgages…
I’m curious if it includes the house as an asset. Does a $300,000 house with a $200,000 mortgage count as $100,000 or $200,000 of debt?
It’s per year. My parents were like “50 grand in debt? That’s nothing!” which shows you the true state of the American economy.