The American automobile industry is in dire straits, with liabilities in many areas far greater than
its heavily mortgaged assets.
Not exact matches
If I paid off my
mortgage, then my
assets would be
heavily skewed towards r.e., which though it has served me well, is not really the basket I want all my eggs in right now.
Many people own houses that aren't true
assets and may, if they are
heavily mortgaged, actually be debts.