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To: Skeeter Bug who wrote (123336)4/9/2001 10:14:35 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<vl, housing prices have soared. equity should have soared with them. my equity is up about 8 fold in 2.5 years. the avg equity is down b/c most folks borrowed against thri increased equity. this is scary b/c they will have to pay the piper someday. >>

I assume you borrowed as much as you could against your house, and you are now in trouble.