ABC News Australia
AsiaPac · 33 mins ago
✦ 75◉ Centre
Why some homeowners like Meg are at risk of slipping into negative equity
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Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
A 46-year-old Sydney homeowner fears her Marrickville property has fallen in value below her mortgage debt, putting her at risk of negative equity as housing markets soften.
Why some homeowners like Meg are at risk of slipping into negative equity
The 46-year-old former "forever renter" believes her house is now worth less than what she paid for it and she is at risk of slipping into negative equity, which would mean her Marrickville home could be worth less than what she owes the bank.
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