Observations on residential housing: the shared equity loan

被引:0
|
作者
Officer, R. R. [1 ,2 ]
机构
[1] Univ Melbourne, Melbourne, Vic 3010, Australia
[2] Univ Queensland, Brisbane, Qld 4072, Australia
关键词
Equity financing; mortgage lending;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Most households rely on traditional interest-bearing debt which can expose them to significant risks, such as sudden changes in economic growth or interest rates. Such risks could be alleviated through a better mix of external debt and equity for households via shared equity loans. Shared equity loans also appear to be a good investment for the investment house sharing the equity. On the basis of limited data, they return significant abnormal returns or 'alpha' for their risk.(1)
引用
收藏
页码:31 / 34
页数:4
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