| 释义 |
limited equity condominium limited equity condominiumGovernment-subsidized homeownership of condominiums. Lowincome consumers are allowed to buy such condos at below-market prices with little or no down payment and very low interest rate financing.When ready to sell, they must sell to other qualified low-income consumers, at a predetermined price that takes into account general inflation, but not rapidly increasing real estate prices in the area |