Browsing All posts tagged under »family«

Austerity’s Wake: Why Ireland’s Spending Cuts Should Scare Us, Too

September 4, 2012

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(PUBLISHED IN THE ATLANTIC) If you want to know what real austerity does to a country, check out the Emerald Isle. The below chart from the Irish Central Statistics Office shows the percent-change of Irish household disposable income from 2009 to 2010, broken down by income decile. (Note: The tenth decile refers to the most […]

The Italians spend a third of their incomes to pay the mortgage

August 20, 2012

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(PUBLISHED IN LA REPPUBLICA) The burden of debt for the purchase of the house in Italy amounted to 318 million dollars. On average, about 13,000 euros per household, representing 30.9% of household disposable income. This represents almost a third of Italian families income goes to pay the fees. Un panorama dal doppio risvolto, dunque. Da […]