The research was done by Americans try doing this in Australia just walking away from your home and see what happens. Completely different system here people.
"Many are now more likely to lose their emotional attachment to their homes and walk away, tossing the keys to the bank, even if they have the capacity to keep making mortgage repayments. One published estimate found that 17 per cent of all Americans who default on their mortgage repayments no longer choose to try and tough it out - they walk off."
- Forums
- Property
- aussie house price crash: 50% overvalued
aussie house price crash: 50% overvalued, page-3
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online