If you bought a house to make it a home, I'm not sure this is a big deal.
As the bulls tell us a house is a roof over our head, a necessity. As such it is a consumable. If I got an email from "on high" telling me ALL Australian property was about to "crash" I would not really be tempted to sell my home. I live here.
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- 4 % of city's homeowners have negative equity.
4 % of city's homeowners have negative equity., page-2
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