negative equity

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negative equity

the state of holding a property the value of which is less than the amount of mortgage still unpaid
References in classic literature ?
But the creatures led their captives away from the rocks and the road, down the hill by a side path until they came before a low mountain of rock that looked like a huge bowl turned upside down. At the edge of this mountain was a deep gulf--so deep that when you looked into it there was nothing but blackness below.
Alec meanwhile had apparently taken Aunt Plenty at her word, and was turning the house upside down. A general revolution was evidently going on in the green-room, for the dark damask curtains were seen bundling away in Phebe's arms; the air-tight stove retiring to the cellar on Ben's shoulder; and the great bedstead going up garret in a fragmentary state, escorted by three bearers.
There was an old barrel there, upside down, one side resting on a block of wood.
In both cases the conditions of agriculture are firmly established; but among us now, when everything has been turned upside down and is only just taking shape, the question what form these conditions will take is the one question of importance in Russia," thought Levin.
Presently she would go and do things among the beehives; and after that, if that brought no solace, she would go in and turn the house upside down and get dusty and tired.
We fixed it, not exactly upside down - more sideways like - and we tied it up to the mast with the painter, which we cut off for the purpose.
The recent hanging of the national flag (Jalur Gemilang) which was upside down at a school in Pahang was an unintentional act, said Inspector-General of Police Datuk Seri Abdul Hamid Bador.
Khaleej Times' video of the flag display went viral on Twitter, with over 100,000 views, however it was inundated with comments from users saying that the flag was upside down.
Burj Khalifa, the world's iconic skyscraper, displayed an 'upside down' Pakistani flag on Friday.
The Upside Down House is a twostorey inverted building which visitors get to explore.
The Upside Down House is a twostorey inverted building which visitors get to explore so that they can take pictures that make them look as if they are floating.
Thursday -- Upside Down Day, Chicken Slider, Fresh Carrots, Pineapple, Milk, Juice