[QUOTE] Snowy bought her place nearly 10 years ago, I think. I only bought mine only 4 years ago, and neg equity really shows no sign of being an issue.[/QUOTE] I suspect neg equity should only hit people who've bought in the last 2yrs, maybe 18 months. Houses round here that were 90ish in 2000 were going for 250 ish last year, but now seem to be back to about 190ish. I just wish I'd bought one of them, and sold it last year.