Buy with an option to sell
That's my proposal for the real estate market.
Example. Buy a condominium for $1,000,000. Landlord promises to buy it back any time you want for $900,000. The sooner you leave, sooner the landlord nets his (her) $100 grand. The later you leave, the steadier the stream of mortgage payments. A third party financial firm accepts a premium in order to smooth out the variability.
Risk is minimized for ALL parties. The only way it can be minimized for ANY party.
Example. Buy a condominium for $1,000,000. Landlord promises to buy it back any time you want for $900,000. The sooner you leave, sooner the landlord nets his (her) $100 grand. The later you leave, the steadier the stream of mortgage payments. A third party financial firm accepts a premium in order to smooth out the variability.
Risk is minimized for ALL parties. The only way it can be minimized for ANY party.