On Mortgage Debt and Aging
March 31, 2010 at 01:37 AM EDT
I did a quick comparison of average household income for 1989 and 2007 (using the census) and average mortgage debt for those that has mortgage debt (using Survey of Consumer Finances data). In both cases I looked at 45-54 year olds. In 1989, average household income among 45-54 year olds was $39,934; [...]