For as long as I care to remember, the Real Estate salesmans’s call to action has been, “It’s never a better time to buy”.
But for the 27 percent of the first home buyer cohort who followed this advice the year before last, they now owe more than their homes are worth, a situation known as negative equity.
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Who crashed the economy » Blog Archive » The stage is set.
what about last year? (I bought "first home" last year, 2011)
Unfortunately Oleg, no one can escape from this invisible hand of the market.