Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Why is being “upside down” on a mortgage so bad?
I think part of why it is perceived is so bad is because the fluctuations in housing prices are relatively large, especially compared to the amount needed to put a down payment.  This is not an uncommon scenario: And this is not even being underwater, just being even.  Imagine how much worse it feels if your dream of home ownership has turned into just a pile of debt.