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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: shades who wrote (38781)8/22/2005 1:04:28 PM
From: OblomovRead Replies (1) of 306849
 
In 2000, household debt broke 18 percent of disposable income for the first time in 20 years, meaning debt eats almost $1 in every $5 American families have to spend after they get past the bills that keep them fed and housed.


Yet another example of the lack of even basic research among business journalists. Disposable income is income after taxes, not income after food and housing expenses.
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