Will homeowners maintain their homes if they don’t keep all the equity?

Shared equity housing offers families stability, like in traditional homeownership. Families in shared equity housing may remain in their homes as long as they want, thus they generally have a the same interest in quality maintenance as traditional homeowners. Most shared equity homeownership programs also allow homeowners to recapture the value of capital improvements that they make to the home. A study by Susan Saegert and Gary Winkel found that housing cooperatives in New York City were better maintained than similar properties, in spite of strict limitations on the resale value of these units.