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ABC News
ABC News
Business

Are you a young home owner with a mortgage higher than the value of your property? We want to hear your story about negative equity

Rising interest rates have pushed mortgage repayments beyond an affordable range for many Australians. (Supplied: Pexels)

The "great Australian dream" doesn't come easy for many people — even after they've achieved it. 

As many find themselves sinking from the Reserve Bank's 10th interest rate rise, some home owners are facing the stress of not being able to afford to pay their mortgages. 

So what happens when they want to sell, but their mortgage is higher than the value of their property?

Meet "negative equity", an undesirable situation that has the potential to leave home owners prisoners to their mortgage. 

If you're a young Australian who experiencing negative equity, we'd like to hear about your situation and what options you are exploring.

Share your story with us using the form below and our journalists may be in touch to investigate for either a TV, radio or digital story.

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