Negative Equity

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Negative Equity

A situation in which one owes more on a loan used to pay for an asset than that asset's current market value. For example, if one borrows $100,000 to buy a house and, for whatever reason, the value immediately drops to $60,000, the homeowner is said to have negative equity. Negative equity is most common after the burst of an asset bubble. One with negative equity is said to be upside down in the loan.
References in periodicals archive ?
They also plan on turning point of sale materials in their 25 different locations upside down and if you go to driveprime.
He said he'd crashed it into a wall and it ended up upside down.
However, Sisodia was quick to put the blame on the organisers of the event for tying the flag upside down.
A Swansea University-led research team, working with the Costa Rica Sloth Sanctuary, has found that, while sloths are said to be among the slowest mammals in the world, they have a clever method of breathing while hanging upside down.
A West Midlands Ambulance Service spokesman said: "Crews arrived to find the single-seater light aircraft upside down in a ploughed field not far from the airport runway.
Bojana Danilovic, 28, has to turn her TV, books and newspapers upside down because her brain does not process images in the normal way.
The hammock is so supportive that almost anyone can try more difficult poses, such as turning upside down, without risk," the Daily Mail quoted Gillian Reeves, National Group Exercise Manager at Virgin Active, which is in the process of launching the class nationwide, as saying.
If you have the thin part of the white cross to the top then you are flying the Jack upside down.
The hotel also features an upside down all-day dining restaurant and spa.
I AM disgusted at the amount of times I see our flag, the Union Flag, upside down.
RESCUERS found a walker dangling upside down over a river thanks to the flashing light on his dog's collar.
New York borrowers were upside down by an average of $129,000, the highest average in the nation, followed by Massachusetts, $120,000, and Connecticut, $111,000.