Stephen Donnelly (Wicklow, Independent) | Oireachtas source

I understand, but there seems to be a very clear difference of opinion. My understanding of negative equity is that if a person owes the bank €500,000 and his or her asset is worth €300,000, whether he or she is on the dole or earning €1 million per year, that loan has a negative equity of €200,000 attached to it.