Negative equity on the rise as house prices fall | 7.30
The Reserve Bank has warned that almost 3 per cent of home loans are in negative equity — meaning the purchased property is worth less now than when it was bought. And some economists are concerned the rate of "underwater loans" is actually higher. But what will the flow-on effect be for the rest of the economy?
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Видео Negative equity on the rise as house prices fall | 7.30 канала ABC News In-depth
For more from ABC News, click here: http://www.abc.net.au/news/
Subscribe to us on YouTube: http://ab.co/1svxLVE
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews
Видео Negative equity on the rise as house prices fall | 7.30 канала ABC News In-depth
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