Re:When Bitcoin miners take over a town (2018)
by CamelCaseName on Monday February 22, 2021 @12:38PM
(#26227441)
It includes home purchases, so that would not be a factor.
As per the earlier link:
> Personal saving is equal to personal income less personal outlays and personal taxes; it may generally be viewed as the portion of personal income that is used either to provide funds to capital markets or to invest in real assets such as residences.(https://www.bea.gov/national/pdf/all-chapters.pdf)
I'm at the traditional "first-time-homebuyer" age, and I'm personally saving a fair portion of my income primarily because assets, such as houses, are so expensive. Were housing cheaper, I'd be paying a mortgage instead of a saving account.
(And, I'd argue, sending longer doing so too due low interest rates.)