Comment Re: No. The cost of building already isn't the iss (Score 1) 116
If the value of my house goes down I would never even know it because I don't borrow against it and I'm not looking to sell it.
You don't borrow but plenty of other people are mortgaged.
In your country it might be different but here in the UK when there were serious market crashes, some people were contacted by their mortgage provider demanding a top up of guarantee.
Ie: if your loan is against a property evaluated at 300k and right now it's worth 270k, the bank can demand you do something about it.