negative equity


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One in five properties is underwater

An estimated 22.8 percent of properties, over 11 million homes, are underwater. That means almost one fourth of homeowners owe the bank over their house is worth on the market.

One in five property owners has an underwater mortgage

An estimated 22.8 percent of houses, more than 11 million houses, are underwater. That means almost a quarter of homeowners owe the bank more than their property is worth on the industry.

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