The ratio of household net worth-to-GDP has risen over time.
In 2016-17, the deficit was $0.991 billion but $6.276 billion was added to the net debt.
Between 2000 and 2016, average mortgage interest rates fell by almost two-thirds.
From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.
In three of the world’s richest countries, average real wages are lower today than they were in 2010.