True indeed
My poor brother's in negative equity. He bought his house about 5 minutes before prices started dropping. Poor sod. Where I live the area is very central and is constantly being renovated so prices have never gone down, they've just stagnated a bit.
( Monty Boyce, My cheese game is strong, Fri 23 Oct 2009, 13:26, 1 reply, 16 years ago)

pretty much same as here
our fixed rate ran out a little while ago and we were concerned we'd be in negative equity. not quite though, but it was close. fortunately we've got a lot to do to the house and its a desirable area
( Vipros. clever got me this far, then tricky got me in, Fri 23 Oct 2009, 13:33, Reply)

Mine needs a fairly brisk facelift
Problems being

a) I am fucking shit at DIY and have zero motivation to do any anyway and
b) I can't afford to pay someone else to do it any more

Growing up we had maintenance people to do everything so I never learned the basics from my father. I bloody wish I had, I can tell you
( Monty Boyce, My cheese game is strong, Fri 23 Oct 2009, 13:39, Reply)

heh
my old man is a DIY master. Never learned anything from him though, except how to slice the ends of your fingers with a stanley knife.
( Vipros. clever got me this far, then tricky got me in, Fri 23 Oct 2009, 13:42, Reply)