4 % of city's homeowners have negative equity.

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    Long-term homeowners top capital gains

    Among people who bought a home in WA after 2007, the proportion of those with negative equity is 9.6 per cent - the second highest rate in any State after 13.3 per cent in Queensland.



    http://au.news.yahoo.com/thewest/a/-/wa/10365719/long-term-homeowners-top-capital-gains/

    The poor bastards.

    Raider
 
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