Here’s how much the total residential mortgage debt outstanding has grown since 2008 for Australia, Canada, the UK and the US

Where is the biggest property bubble?

Here’s how much the total residential mortgage debt outstanding has grown since 2008 for Australia, Canada, the UK and the US,

Australia

Total Residential Mortgage Debt Outstanding: A$1.75 trillion (Up 67% since September 2008), 96% of GDP (2017), Population: 24.64 million (2017)

Australian Households Total Mortgage Outstanding
Source: Reserve Bank of Australia

Canada

Total Residential Mortgage Debt Outstanding: C$1.53 trillion (Up 70% since September 2008), 102% of GDP (2017), Population: 36.29 million (2016)

Households Total Mortgage Oustanding
Source: Bank of Canada

United Kingdom

Total Residential Mortgage Debt Outstanding: £1.38 trillion (Up 11% since September 2008), 76% of GDP (2017), Population: 65.64 million (2016)

Total Mortgage Outstanding as of February 28, 2018; Source: Bank of England
Total Mortgage Outstanding as of February 28, 2018; Source: Bank of England

United States of America

US Total Residential Mortgage Debt Outstanding – Individual Holders: $1.32 trillion (down 3% since September 2008), 8% of GDP (2017), Population: 323.1 million (2016)

US Total Residential Mortgage Debt Outstanding – All Holders: $14.76 trillion (down 1% since September 2008), 79% of GDP (2017), Population: 323.1 million (2016)

US Total Mortgage Outstanding, All Commercial Banks
Source: Board of Governors of the Federal Reserve System (US)
US Mortgage Debt Oustanding All holders
Source: Board of Governors of the Federal Reserve System (US)

One Reply to “Here’s how much the total residential mortgage debt outstanding has grown since 2008 for Australia, Canada, the UK and the US”

  1. I love how all the stolen lands except the Uk slab(another story) are in massive debt!! The natives in these jipped lands got paid in beads, booze and sometimes just bullets to the heads for millions of sq miles of priceless lands. Now the offsprings of these thieves are up to their necks in debt!! Is that Karma?? God owns the Universe, for man to sell God’s creation and not pay His 10% slice is a serious crime. Good luck all you Banksters!!

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