START HERE: Negative Equity Explained: 8 Smart Ways to Protect Your Home and Your Finances

My House Is Worth Less Than I Paid. What Should I Do?

Buying your first home is one of the biggest financial decisions you'll ever make. So, when headlines start warning about falling house prices, negative equity, and first-home buyers being "trapped", it's completely understandable to feel anxious.

But does negative equity automatically mean financial disaster?

In this episode of Start Here, Canna explains exactly what negative equity is, why it's suddenly making headlines, who is most at risk, and—most importantly—the practical steps you can take to protect yourself and your financial future.

Whether you've recently purchased your first home, bought with a 5% deposit, or you're a parent worried about your adult child, this episode will help you separate fear from fact and focus on what you can actually control.

In this episode we cover:

What negative equity actually means (and why it isn't always a financial emergency)

Why first-home buyers with small deposits are more exposed to falling property prices

Why property markets naturally move in cycles

When negative equity becomes a genuine problem—and when it doesn't

Why selling too early can lock in financial losses

How making extra mortgage repayments can rebuild equity faster