Proportion of home-owners aged under 40 with debt that exceeds the value of their home
2.0
2.5
3.0
3.5
4.0
4.5
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Negative equity
Negative equity
From the Household Income and Labour Dynamics in Australia (HILDA) survey