Top Definition
The opposite of equity. The amount you owe on your house in excess of its current market value thanks to the burst of the housing bubble.
Joe: As bad as the economy is here, maybe it is time to move out of state.

Herb: I have 50K in home debtquity, I'll be living in my current house until I die, maybe longer.
by jamison313 March 31, 2009
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