| 单词 | limited equity condominium |
| 释义 | limited equity condominiumlimited 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 |
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