==Seems like people saved enough for a year at home, on average. Today people are so levered up not only do they not have savings, they have to pay back debt.==

==Seems like people saved enough for a year at home, on average. Today people are so levered up not only do they not have savings, they have to pay back debt.== Odd that you don’t mention wages. Seems like middle-income wages are stagnant while housing, healthcare and education get more and more expensive. Not hard to see how that would cut into household budgets and encourage debt.