Do you think that negative equity is a concern? Or nothing to worry about since “real estate always goes up in value”?
Real estate around the world is excessively expensive. You can easily measure this by comparing it to the median household income. We’ve accelerated into astronomical territory. Since the housing crisis, real estate in the U.S. had recovered from what was an extremely forceful downtrend. 10 years later however, we’re still in an interesting predicament.
Homeowner Equity Report
Housing price crash sends homeowners spinning into negative equity territory – ABC News (Australian Broadcasting Corporation)
Govt exposed to ‘significant risk’ through Help to Buy – FTAdviser.com