Q: Does shared-equity homeownership build assets?
A: Yes. And keeps them safer than traditional homeownership does.
By Shelterforce Posted on October 10, 2012
In shared-equity homeownership, an incoming homeowner gets a below- market price and in return agrees to certain resale restrictions that keep the unit affordable for all future owners of that home. These resale restrictions prevent a lucky few from making a windfall profit on a publicly-subsidized home, but they are structured to also allow for substantial asset-building.