Sentences with phrase «between household debt»

During 2012, households will need to find their equilibrium between household debt levels and consumption.

Not exact matches

Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.

In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debt.

Statistics Canada reports that between 1984 an 2009, real average household debt (that is, adjusted for inflation) more than doubled.

«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household debt... and the bank is really caught between a rock and a hard place, because these high debt levels create pressure for higher interest rates, but inflation is very low.

As Adair Turner shows in his new book, Between Debt and the Devil, private sector debt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatDebt and the Devil, private sector debt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatdebt soared as a share of GDP in most advanced economies after the 1980s, fuelling unproductive, debt financed household consumption, housing bubbles and wasteful financial speculatdebt financed household consumption, housing bubbles and wasteful financial speculation.

Despite the rhetoric of both the Democratic and Republican parties heralding the U.S. as a republic of stockholders, Phillips observes that «middle - class families held (just) 2.8 percent of the total growth in stock market holdings between 1989 and 1998, but accounted for 38.7 percent of the rise in household debt.»

At this point, the bank believes the disparity between house prices / consumer debt and household income growth will finally be reduced to less concerning levels.

And McKinsey Global Institute found that the Canadian household debt - to - income ratio was the world's second highest, next to Greece, between 2007 and mid-2014.

In 2015, household debt grew 15 % faster than income since 2003; however, the gap between debt and revenue has been decreasing since the 2009 peak when there was a difference of 49 %.

Similarly, the difference between revenue and household debt grew 15 % between 2003 and 2015; however, the gap has been decreasing since 2009.

An accompanying chart in the CMHC presentation showed that between 2010 and 2016 Canada's household debt - to - GDP level rose by more than five percentage points.

You go over your total household income and expenses,  to determine the appropriate balance between your fixed living expenses and paying down your debts.

For households with debts between $ 12,500 and $ 46,300, about 40 % of it is student loan debt.

One of the main difference between a consumer debt from other loan types is it is primarily acquired for a household to consume.

«Net worth» and «wealth» are used interchangeably and refer to the difference between the value of assets owned by a household (such as home, stocks and savings accounts) and its liabilities (such as mortgages, credit card debt and loans for education).

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).

It reveals that the median income for middle class households fell by nearly 5 percent between 2000 and 2014, and their median wealth (assets minus debt) declined by 28 percent after the housing market crisis and the subsequent recession.

In addition, the Zelman survey shows that contrary to fears, there is no correlation between student loan debt and household formation.

Between 2008 and 2014, the amount of Canadian households with debt - to - income ratios greater than 250 % jumped from 28 % to 40 % of all households.

New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt millions of middle class households and threatens the fragile economic recovery.

The link between rising student loan debt and the start of the housing crisis comes on the heels of a recent report from the Federal Reserve showing that U.S. household wealth plunged nearly 40 percent from 2007 to 2010 as a result of declining home values.

The Fannie Mae executive added that total outstanding mortgage debt should rise to between $ 11 trillion and $ 14 trillion by 2010 from $ 5 trillion in 2000, as these newly created households get mortgages for their homes.

Between 2009 and 2011, mortgage debt declined by 7.8 % and the market value of households» real estate slipped by 3.3 %.

The percentage of families in which the head of household is 75 or older and carrying debt grew by 60 percent between 2007 and 2016, according to the Employee Benefit Research Institute.