Housing services and medical services provide two examples of how rising inflation impacts people differently.
Families within certain demographic groups are more likely to miss loan payments than older, better-educated and white families. Do the distinctive characteristics of a peer group affect an individual family’s delinquency risk?
House prices and apartment rents have risen significantly recently, but per capita personal income has risen faster over the past 25 years.
Per capita auto debt rose 8.3 percent in the second quarter on a year-over-year basis, while total consumer debt rose only 1.6 percent.
Significant deleveraging, coupled with increases in other forms of debt, has caused mortgage debt to make up a smaller portion of households’ total debt.