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Glite Dictionary
housing affordability

housing affordability

1 3.4
How easy it is for people to pay for a home
  • noun
translation icon : asequibilidad de la vivienda
  • Many families are struggling with housing affordability as home prices continue to rise faster than incomes.
  • housing affordability crisis

Examples

  • This cost index has been applied to nearly 900 metropolitan and micropolitan areas in the United States, and is unique in that it measures joint transportation and housing affordability at a neighborhood level (see http://htaindex.cnt.org/).

    Blog text (15)

  • More buyers are taking advantage of excellent housing affordability conditions," he said.

    Blog text (20)

  • So this here shows the this is a pyramid and it's a housing affordability pyramid, which I love.

  • They both contribute to reducing housing affordability for historically disadvantaged communities.

    Blog text (6)

  • The Urban Land Ceiling Act has caused substantial problems: significant reductions in the supply of land for residential development, creation of a vast black market for real estate, and an overall worsening of housing affordability in India's major urban areas (Acharya 1989).

    Academic text (1992)

  • Experts are increasingly concerned about the issue of housing affordability in urban areas across the country.

  • The recent report highlighted the challenges of housing affordability, indicating that more people are spending over 30% of their income on rent.

Synonyms

affordability
vshousing affordability
20 3.4

The state of being cheap enough for people to buy

is about cost relative to income when people seek a place to live

How Affordable

public housing
  • US
41 2.2
housing affordability
1 3.4
luxury
322 4.2

Surface Forms

housing affordability singular
housing affordabilities plural

Morphology

housing + affordability

The meaning 'the extent to which housing is affordable' is directly and transparently derived from combining 'housing' (accommodation) with 'affordability' (the condition of being financially accessible). This noun–noun composition follows a common, compositional English pattern and is likely understandable to a B1 learner who knows both constituent words.

Etymology

Housing affordability paints a simple picture: housing is the homes with a price, and affordability is how that price fits your wallet. So the phrase means 'how much people can pay' for a home — when affordability is low, homes cost more than many people can afford.