Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Thursday, 4 April 2019

Last hurrah for debt to income

Debt to income peak

A last hurrah for the household debt to disposable income ratio, albeit still at 1.89x.


Note that this represents a vast improvement in debt serviceability over the past dozen years, with interest payable to income ratios down by more than a third from where they were, thus accounting for ongoing low mortgage arrears (and bank losses of approximately zero).

Them pesky facts...