Tag: households
Not all borrowing is bad. Someone with a low-rate mortgage of modest size on an appreciating house has a very valuable asset. And some retirees pay off their credit cards every month without breaking a sweat. But about four out of every 10 older U.S. households are falling into the trap of having too muc…
For a whole host of pandemic-related reasons, rents dipped in 2020 as millions of Americans lost jobs, stayed home from college, left the cities, or arranged for aging parents to live with them. But the economy has bounced back, and an additional 900,000 households entered the rental market in the first nine months last year…
