Discussion Paper

Where’s the Money Going? The Importance of Accounting for Rent Payments in Measuring a Household's Financial Obligations

Abstract: To get a more comprehensive picture of how families' uncommitted income has evolved since the financial crisis, we analyze a broader measure of households’ committed monthly payments that includes rent for renters, as well as payments to cover mortgages for homeowners and other debt obligations for all families.


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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2018-06-20

Number: 2018-06-20