Tag Archives: negative equity

Negative Equity and Debt Restructuring

We are all aware for the huge problem homeowners are facing with negative equity issues Dr. Constantin Gurdgiev has outlined here in this article a costing and a possible road map of what a possible bailout of the ordinary Irish … Continue reading

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UK Housing Market: Sellers Forced to Cut Asking Prices

By: Nadeem_Walayat Since my May 2011 analysis, further research into the reasons for the differences in asking prices against valuations between areas has revealed the following possible explanations that are just as valid for most UK cities as they are … Continue reading

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Paul Maher sends us this mail

By Paul Maher To my mind, walking away from or defaulting on a mortgage in negative equity, makes perfect personal economic sense. You survive. You learn. You live to fight another day without the millstone around your neck. No longer … Continue reading

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Ronan Lyons spin on Housing stats

Nobody knows at this juncture the scale of the losses for bank balance sheets from mortgage write-downs. But the EU-IMF deal had to set aside a certain amount for contingencies relating to future losses – including those from mortgages – … Continue reading

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Property Up-Date October 2010

Here is an excellent realistic analyses article from Ronan Lyons on the current property market, well worth a few minutes of your time .I would have one point that I would like to take up and that is I believe … Continue reading

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“When the U.S. sneezes, the rest of the world catches cold.” 

For us here in Ireland this news from America is extremely important everything from Jobs, negative equity, Bank failures, credit availability and strikes. Not so long ago, there was a saying “When the U.S. sneezes, the rest of the world … Continue reading

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