despereal estate
(n.) property with negative equity in a declining real estate market
There is so much despereal estate in this neighborhood. Behind every 'for sale' sign is a mortgage debt greater than the value of the house itself.
俚语 | despereal estate |
释义 | despereal estate(n.) property with negative equity in a declining real estate market There is so much despereal estate in this neighborhood. Behind every 'for sale' sign is a mortgage debt greater than the value of the house itself. |
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