Your English writing platform
Discover LudwigExact(1)
Negative equity affects 23% of all mortgage borrowers including 12% who have a 20% plus shortfall.For such people, low rates will not motivate them to move house; they simply cannot afford to do so.
Similar(59)
Each time we see a house price fall, an awful lot of nonsense is talked about spikes in the number of people now affected by negative equity.
Younger borrowers are more likely to be affected by negative equity in part because they generally have been in their home for shorter periods of time and had less time to build equity before the housing debacle.
Differences in default costs across states do not appear to affect the mobility of homeowners in negative equity.
And it would barely affect existing home-owners unless they have bought very recently and are in danger of negative equity.
This week on Your Money, Philip Hampsheir looks at negative equity in the housing market, the crack down on pay day lenders, and how working past retirement can affect people's pensions.
Negative equity and repossessions.
Negative equity threatens some home-owners.
Instead, the problem is negative equity.
He used terms like "negative equity".
Now they're in negative equity".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com