Washington Legislature wants to study home equity investments

Led by Mariana Amorim, a sociology professor at Washington State University, a new study will investigate Home Equity Investments (HEIs) as innovative financial tools for homeowners. These investments offer upfront payments in exchange for future property value, contrasting with traditional loans like reverse mortgages. Amorim explains how HEIs are crucial for families lacking a safety net, creating potential confusion among consumers. The market for these investments is growing, alongside a rise in litigation related to misunderstandings about the products.

I was trained as a family demographer, and a lot of my work is about how people exchange time and money through family networks to allow everyone to thrive.

When families lack a private safety net, and when the government isn't providing public support, families end up resorting to what is often called a shadow safety net.

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