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Ten States with the Worst Mortgage Debt

March 20th, 2012 at 02:36 am

1. California
2. Hawaii
3. Maryland
4. New Jersey
5. Washington
6. Massachusetts
7. Virginia
8. Connecticut
9. Colorado
10. Nevada

To Nevada's credit, the average credit card balance outstanding is among the lowest in the nation.

My state sucks, of course as it has the 16th highest unemployment rate in the country and a high poverty rate of 12.5%. Credit card debt per person in Washngton: $6,825 (17th highest).

Text is Link and Link is http://247wallst.com/2012/01/23/ten-states-with-the-worst-mortgage-debt/2/
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Posted in Uncategorized | 3 Comments »

3 Responses to “Ten States with the Worst Mortgage Debt”

  1. baselle Says:
    March 20th, 2012 at 03:04 am 1332212655
    1332212655

    So very different than what the rest of the country thinks: that we are all making boodles at Microsoft or somewhere.

  2. PauletteGoddard Says:
    March 20th, 2012 at 03:18 am 1332213489
    1332213489

    Eight of those states border an ocean. At least three of them have a very high cost of living. I know our city has a high cost of living. I see that only Hawaii and Washington have higher ratios of Mortgate to Salary, and the sun shines in both those places. I'd rather have a lean-to, bicycle and a solar oven in Oahu.

  3. Jerry Says:
    March 25th, 2012 at 03:17 pm 1332688665
    1332688665

    I am shocked that California is even higher than notoriously expensive places like Hawaii, and it leads me to wonder how this is all working on the West Coast (with Washington on the list, as well... only Oregon is not on there). It's a shame that I love the coast so much, since living there seems to be insurance of terrible mortgage debt! Yikes.
    Jerry

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