Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper explores ways in which volatility in the housing market that has damaging impacts on the financial system and the wider economy can be reduced. Alternatives to standard debt contracts to finance house purchase are considered. A form of equity loan, where repayments are linked to the value of the house, have major advantages in terms of risk reduction. The way in which such loans can be structured is analyzed.