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Mortgaged Owners Spending 30% or More of Household Income on Housing
This indicator shows the percentage of mortgaged owners who are spending 30% or more of their household income on housing. Mortgaged monthly owner costs are comprised of mortgage, second mortgage, home equity loan or line of credit, utilities (electricity, gas, other fuels, water), real estate taxes, property insurance, and any mobile home costs or condominium fees that may be applicable.
