0 a situation in which the value of a house has become less than the amount of money its owner borrowed in order to buy it
1 a situation in which a house, etc. has become less valuable than the amount that is owed to the bank that lent the money to buy it:
Furthermore, the property crash particularly affected new entrants to the market, who were left with high mortgages and negative equity.
Free dissemination of seedlings can easily also have negative equity implications since the rich typically are those that can benefit from such programs.
In this case the banking system has negative equity and is bankrupt.
It is argued that the present de facto water rights system not only distorts resource allocation but also leads to negative equity and ecological effects.
We infer from these computational experiments that the autocorrelation of consumption growth is critical for determining whether higher curvature produces a positive or negative equity premium.
Indeed, many proprietors now have negative equity.
Negative equity still affects 1 million people and there are still thousands of evictions a week, but no one talks about building houses.
Will it not erode the value of existing properties, again creating negative equity for some householders?