Historical Archives - Discover Suncoast Homes

Historical

America's $25 Trillion Debt Explosion

Coronavirus And America’s $25 Trillion Debt Explosion

Coronavirus And America’s $25T Debt Explosion, A Visualization. In April 2020, the national debt hit an eye-popping $25 trillion, coming off the back of a $2.2 trillion stimulus passed by the U.S. Congress. The projected annual deficit for this year alone is almost $3.7 trillion — over triple what it was the year prior. Recently, …

Coronavirus And America’s $25 Trillion Debt Explosion Read More »

Total Mortgage Debt by Burns and Bertha

America’s Mortgage Debt Spiral

America’s Mortgage Debt Spiral Accelerates to All-Time High. Since the 1940s, housing prices have soared to new levels. According to the U.S. Census Bureau, the median home value in the U.S. was $30,600 in 1940 (adjusted for inflation). By 2017, that number was $193,500. Not surprisingly, as housing prices increase, so does the amount of …

America’s Mortgage Debt Spiral Read More »

Scroll to Top