Sentences with phrase «while household debt levels»

While household debt levels in the UK and US have declined since the 2008 financial crisis, levels in Australia have continued to rise.

Not exact matches

According to a recent Globe and Mail article which references Statistics Canada numbers, «the total amount of debt held in households led by people aged 55 to 64 almost quadrupled between 1999 and 2012, while the level for the overall population did little more than double (these are inflation - adjusted numbers).

While the level of income is important to enable buyers to make mortgage repayments and influences the size of the debt and the purchase, the wealth required to make the down payment appears to be more important than income levels, particularly in the transition from renting to home ownership.51 The RBA findings are consistent with other studies52 which have shown that the constraints associated with wealth are a real barrier to young renter households wishing to own their own home.

* Mr. Rosenberg also notes that Canadian policy makers and regulators have been pro-active in responding to our rising household debt levels while their U.S counterparts were basically asleep at the switch until it was too late (hyperbole mine).