Homeowners Are Strapped, Glued and Screwed
Published Friday, May 12, 2006 by Real Estate Pro | E-mail this postIn case you're wondering how "personal savings" is defined, the BEA explains it here : Personal saving is the amount left over from disposable personal income after expenditures on personal consumption, interest, and net current transfer payments. If expenditures on personal consumption, interest, and net current transfers exceed disposable personal income in a quarter, personal saving will be negative.
Tagged: Bubble
Homeowners Are Strapped, Glued and Screwed
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