Just a comment the latest figures from the USA show that 11.4...

  1. kingpins
    25,688 Posts.
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    18/07/12
    19:25
    Post #: 10452118
    Just a comment the latest figures from the USA show that 11.4 million or 23.7 percent of all residential properties with a mortgage were in negative equity – when borrowers owe more on their mortgages than their property is worth –

    So when you hear about the property market recovering in the USA just don't hold your breath.
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