What is Debtquity?
1.
The opposite of equity. The amount you owe on your house in excess of its current market value thanks to the burst of the housing bubble.
Joe: As bad as the economy is here, maybe it is time to move out of state.
Herb: I have 50K in home debtquity, I'll be living in my current house until I die, maybe longer.
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Random Words:
1.
When the position you're in is so disastrous that something has to be done to improve it. Otherwise it may come to an end.
Freddie..
