Individuals who are "underwater" in their home are more likely to take good care of their home.

Name: Individuals who are "underwater" in their home are more likely to take good care of their home.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Being "underwater" on a home means the homeowner owes more on the mortgage than the home is currently worth, which can lead to financial stress and a decreased incentive to maintain or improve the property, as they might not see the value in investing more money into an asset that has already lost value.

Individuals Who Are "Underwater" in Their Home Are More Likely