The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: CalculatedRisk who wrote (38791)	8/22/2005 1:30:56 PM
From: Oblomov	Read Replies (1) of 306849

Yes, if you use the Federal Reserve's Financial Obligations Ratio (which in addition to debt service, includes lease payments, property taxes, rent, and homeowner's insurance), it is 18.45% of disposable income. It seems to have peaked at 18.84% in Q4 2002, and has been drifting down a little since then. federalreserve.gov However, the Debt Service Ratio, which the writer seemed to reference, is at an all time high of 13.40% We should be careful about these figures since they are based on an extrapolation of the Survey of Consumer Finances (done every 3 years) and the Census Bureau's Current Population Survey.

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