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According to the Milton keynes food bank, personal debt (including arrears from high fuel costs) is the second most common reason for referral, accounting for 18 percent of all referrals in 2014. In 2004, this constituted 9 percent (Forsey 2014: 38).
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Home loan arrears on the rise as high debt and low wage growth bite. abc.net.au – Stephen Letts. problem home loans are now at their highest level since the aftermath of the global financial crisis, according to the credit ratings agency standard.
The family must qualify as a first-time home owner (no member of the family has had any ownership interest in a principal residence in the past 5 years). The annual income of at least one adult family member who will own the home must be equal to or greater than the Federal minimum hourly wage multiplied by 2,000 hours.
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These factors should support housing demand in 2017. – In Toronto, low supply in the resale market resulted in demand spilling over into the new home market, particularly for low rise homes. Single-detached home starts were at their highest level for February in more than ten years.
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/u/iced_maggot on Home loan arrears on the rise as high debt and low wage growth bite Ashlee Wray Contents Story lie darker suggestions 23bn (16.5bn) company south china morning Juegasiempre 17 points Behind the lighthearted story lie darker suggestions of cost-cutting that puts jobs at risk and lines corporate pockets.