Tag: underwater
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Negative Equity, Household Mobility and Job Matching – what do we know?
One of the arguments that many (including yrs trly) has adduced for negative equity in residential housing being a problem is that it may well reduce mobility. Economists talk about matching – jobs exist and people exist who could fill them but can they be matched and what are the impediments to that. Negative Equity…
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Irish Mortgage Arrears in an Infographic
H/T http://www.japlandic.com/2013/06/irish-banks-underwater-and-sinking-fast.html