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Americans Now Owe $1 Trillion in Car Loans Americans’ debt is bigger than ever before – but the shape of that debt is very different from a decade ago. The total amount of consumer debt is now a trillion dollars higher than during the Great Recession. Setting a new record high debt.Housing Boom Gone Bust The bust that followed the Lawson boom. Florida Making Progress in Decreasing Number of Homes "Underwater" in Terms of Mortgages. Seven years after the booming U.S. real estate market crashed and threw. For first-time black home buyers, the boom of 2005-2007 was a bust. We had that crazy housing boom, a great time to be a seller as prices.
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