Even if you don't believe the stats that are posted, stats have still been provided to you which support an argument.
So where are your stats that say the average homeowner is upside down on their mortgage? Pony up.
You remind me of someone I once knew on another message board. From now on, I'm going to call you fatherjohn.
Its not that I don't beleive the stats it that I beleive 1, that the data used is inproper to draw a conclusion, and that 2, there is not even distribution with regard to equity.
Do you honestly beleive that home equity is evenly distributed across all real estate owners?