slow melt in house prices to go on, page-15

  1. 1,617 Posts.
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    Firehawke banks in Australia cannot call in mortgages or ask you top up equity - stop spreading lies.

    In a worst case scenrio where you have a large amount of negative equity people can just walk away and declare bankruptcy - then the bank gets nothing! So the banks won't be wanting be inform anyone that they have negative equity, unless they try refinance.
 
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