I can remember the last period of significant numbers of people being in negative equity - but I was quite young and can't recall what outcome was for many, did people by and large weather it or did many have to sell at a loss and continue to pay off the remaining mortgage?
I can remember the last period of significant numbers of people being in negative equity - but I was quite young and can't recall what outcome was for many, did people by and large weather it or did many have to sell at a loss and continue to pay off the remaining mortgage?