housing affordability
Home price accessibility
Housing affordability is the degree to which housing costs align with what people can reasonably pay.
The term appears constantly in policy debates about rising rents, home prices, and the gap between wages and the cost of shelter: Housing affordability has become a crisis in major cities.
An area with good housing affordability has prices within reach of average earners; poor housing affordability means most residents struggle to find adequate housing without financial strain.
- cost of livingPrice of basic necessities
- rent controlHousing price regulation
- rent hikeRaised dwelling cost
- zoning lawsMunicipal property regulations
- income inequalityDisparity in earnings distribution
living wage · tenant protections · family stability · inclusionary zoning · disposable income · mortgage rates · median income · land trusts · transit-oriented development · inflation · zoning · urban sprawl · tenant · developers · landlord · paycheck · struggle · first-time buyers
- mortgagesfixed-rate mortgage, mortgage broker, adjustable-rate mortgage, mortgage payment, mortgage insurance
- public housingcouncil estates, council flats, Section 8, council estate, council flat
- housing lawrent regulation, rent control, tenant rights, eviction, lease agreement
housing affordabilityluxury real estate
Expensive, prestigious residential properties
mansions · prime real estate · housing inequality · gated communities · gentrification
housing affordabilityhousing crisis
Severe lack of affordable dwellings
homelessness · displacement · eviction · gentrification · housing shortage