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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 …

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