| Household debt service ratio rose steeply Component1 #7151 The household debt service ratio—i.e. debt payments on outstandiing mortgages and consumer debt versus disposable personal income—rose steeply; a trend exacerbated when car leases, health insurance and property tax payments are factored in as well. |
US Household Debt Service Ratio 1985 to 2007
Source: Bureau of Economic Analysis (via Sequoia Capital) |