39
submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] ryathal@sh.itjust.works 5 points 1 year ago

DTI also includes credit card debt and any other outstanding loans, not just the mortgage PITI. It's still bad, because that means more people are spending almost half their gross paycheck on debt, which leaves very little for food or discretional spending.

this post was submitted on 24 Jul 2023
39 points (82.0% liked)

United States | News & Politics

7189 readers
831 users here now

founded 4 years ago
MODERATORS