@return2ozma to News • 8 months agoAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comexternal-linkmessage-square44arrow-up1260arrow-down110cross-posted to: aboringdystopia
arrow-up1250arrow-down1external-linkAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.com@return2ozma to News • 8 months agomessage-square44cross-posted to: aboringdystopia
minus-square@[email protected]linkfedilinkEnglish19•8 months agoI mean… that’s a mortgage. So if that counts, then yeah. Sad part is most of those paying that much on top of rent (which is also that much.)
minus-square@pdxfedlink12•8 months agoMortgage and student loans were included, which makes these numbers generally meaningless since those two have been nearly non-discretionary for decades (just stating the fact not endorsing the structure of it).
minus-square@Wrenchlink1•8 months agoJust the interest, or including principal? Because there’s a work of difference between the two.
I mean… that’s a mortgage. So if that counts, then yeah. Sad part is most of those paying that much on top of rent (which is also that much.)
Mortgage and student loans were included, which makes these numbers generally meaningless since those two have been nearly non-discretionary for decades (just stating the fact not endorsing the structure of it).
Just the interest, or including principal? Because there’s a work of difference between the two.
$1600 in rent? Fuck, I’d be elated to pay that.