Homes and other properties represent the main non-financial assets of people, equivalent to 74.5% of the total, according to the first National Survey on Household Finances (ENFIH).

The objective of the survey carried out by the National Institute of Statistics and Geography (INEGI) in collaboration with the Bank of Mexico (Banxico), was to collect information on the balance sheet of the country's households: liabilities (debts) and assets (assets ), both financial and non-financial.

According to INEGI, 99.5% of the country's 36.6 million households, that is, 36.5 million, have some type of financial or non-financial asset.

See also: The CMIC will allocate 880 million pesos for the economic reactivation of the CDMX

The statement indicated that “98.7% of households have non-financial assets. By type, it is identified that 97.8% of households have household items, 64.6% have the home in which they reside (main home) as an asset, 44.6% of households have a vehicle, and 22.5% have another property other than the one residence dwelling (land, premises, dwelling other than residence, office, etc.), 22.3% have a business and 10.4% have other non-financial assets ”.

He specified that of the total value of non-financial assets of households, 54.4% corresponds to the main home, 20.1% to other properties, 9.0% to businesses, 6.8% to vehicles, 6.2% to household goods and 3.5% to another type of goods.

Of interest: Co-financed credits, alternative for credit applicants

Another important indicator is that of the total value of household financial assets, 78.5% belongs to the retirement savings account, 6.6% to informal savings, 6.0% to formal savings, 5.8% to term deposits and 3.1% to other types of financial assets.

Likewise, it was identified that 56.9% of households (20.9 million) have some type of debt, be it mortgage (4.2 million) or non-mortgage such as credit card, payroll or personal loans, loans, etc. (19.7 million households).

If we analyze household debts, 55.4% corresponds to mortgage debt, 11.5% to credit card, 9.3% to vehicles, 8.4% to payroll or personal credit and 15.4% to other debts.

In Solili you can check available departments in Narvarte, Doctors and Anzures

Original note