Being realistic do ye think anything will be done about negative equity?
I know we are not alone but we have 2 houses in negative equity (reluctant landlord on one). All we wanted was to do the best for ourselves and we are now stuck in a 2-bed house (v nice and love the location). We now have a baby and are completely stuck where we are.
I'm not looking to get away from the debt that we borrowed and are responsible for but I hate this feeling of being trapped and not being able to choose to have a second baby in the future because of decisions we made with the best of intentions for our future.
Hindsight is great and yes we should have thought about 2 bed etc... but at the time we were trying to live in a nice area within an easy commute of work and its all we could afford.
I know we are not alone but we have 2 houses in negative equity (reluctant landlord on one). All we wanted was to do the best for ourselves and we are now stuck in a 2-bed house (v nice and love the location). We now have a baby and are completely stuck where we are.
I'm not looking to get away from the debt that we borrowed and are responsible for but I hate this feeling of being trapped and not being able to choose to have a second baby in the future because of decisions we made with the best of intentions for our future.
Hindsight is great and yes we should have thought about 2 bed etc... but at the time we were trying to live in a nice area within an easy commute of work and its all we could afford.