From: hex@unseen.ac.am 
  
 On 08/09/2025 10:50, Roland Perry wrote: 
 > In message , at 08:35:00 on Mon, 8 Sep 
 > 2025, Norman Wells  remarked: 
 >> On 08/09/2025 08:03, Roland Perry wrote: 
  
 >>> €€More anecdata: there's a house in my GF's street which has been on 
 >>> the€€ market since at least the New Year, and my neighbour's house has 
 >>> been€€ since Easter. A empty bungalow round the corner has been on the 
 >>> market€€ for about a year, and another near-neighbour's house has only 
 >>> been€€ occupied the last few weeks, when the old lady vacated it to a 
 >>> care home€€ before the pandemic. Could have been probate issues 
 >>> though. My GF's late€€ mother's flat sold as recently as last week, 
 >>> but was marketed in€€ December, and there are several other flats in 
 >>> the block which have been€€ unsold that whole time. 
 >> 
 >> It's only a matter of price. 
 > 
 > Most people are very reluctant to sell at a loss, especially if they 
 > have a mortgage. Does the term "negative equity" ring a bell? 
  
 If they have a mortgage, they are paying out every month they don't 
 sell, and their potential negative equity, if that is the situation, 
 will become worse and worse.  If they need to sell, they shouldn't just 
 decide not to on the basis that they will lose some money.  It may be 
 that they will lose even more by holding on. 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)