Oct 30 2009
The Negative Equity Conundrum: Why Having Equity in a Home is Important. 1 out of 4 Mortgage Holders in a Negative Equity Position.
The post title should be obvious but something occurred during this decade that gave the impression that somehow, equity in a property was of little importance. The last time in our history that we saw this massive amount of negative equity was during the Great Depression. But even then, it was a poor comparison because [...]