Mortgage debt increased in lock step with housing prices. The average price of a dwelling rose from $71,800 in 1982 to $303,500 in 2008, while the average mortgage per dwelling increased similarly from $41,200 to $176,200.f all households with a high mortgage liability (20% or more), 62% were living in these two provinces compared with 51% of all homeowners. These households made average mortgage payments of $17,000 compared with $6,300 for those who paid less than 10% of their income on mortgage payments.
Under California law, a landlord must return the renter's security deposit, with an itemized statement of deductions, within 21 days after the renter has surrendered the rental property to the landlord (that is, returned the keys and vacated the property).
In this case, when. the tenant is entitled to a refund of the security deposit, the landlord should attempt to notify the tenant of the amount to be. repaid. If the tenant has not responded after sixty days, the landlord may retain the deposit free from claim.