Risk of negative equity 'small'

Those who bought ten years ago would need to see prices fall by two thirds to experience negative equity, but people who bought more recently could be vulnerable. Research by GE found the average homeowner who bought in 2004 or earlier has an equity cushion of 48%, meaning prices would have to halve for most Britons to face the prospect of negative equity. The earlier a property was bought, the better its chances of weathering the market storm, and those who bought in 1995, the bottom of the last housing crash, are the least likely to experience problems. The average house bought in 1995...