unaffordability
Beyond financial reach
Unaffordability is the state of being too expensive for people to reasonably purchase or maintain.
The term appears most often in discussions of housing, healthcare, and education—basic needs that have outpaced wage growth: The unaffordability of rent in major cities has forced many families to move.
Rising tuition has made college unaffordability a political issue.
Costing much money
- costlyHigh in price
- overpricedCosting more than warranted
- exorbitantUnreasonably high, as costs
- prohibitivePreventing through excess
steep · pricey · inflation · price hikes · premium · high-end · inaccessible · out-of-reach
Payment for temporary use
- housing crisisSevere lack of affordable dwellings
- evictionForced departure from rental
- homelessnessLacking permanent residence
- gentrificationWealthy influx displacing locals
displacement · housing shortage · rent burden · tenants · subsidized housing · public housing · housing market · real estate
Plan for spending
- expensesMoney spent on things
- living expensesCost of daily life
- cost-of-livingPrice of basic needs
- tight budgetSeverely limited funds
budgetary constraints · economic hardship · cash flow problems · stretched thin · making ends meet · financial stress · income disparity · wage stagnation
Borrowed money arrangements
- borrowingTemporary taking of another's
- interestAttention, stake, or fee
- repaymentGiving back what's owed
- arrearsOverdue financial obligations
default · bankruptcy · insolvency · foreclosure · delinquency · creditors · mortgage · liabilities
- insurance premiumsPeriodic payments for coverage
- out-of-pocketPaid from personal funds
- copaysPatient's partial payment obligation
- deductiblesPre-coverage personal payments
prescriptions · uninsured · underinsured · medical debt · healthcare access · treatment costs · drug prices · hospital bills
Payment for instruction
- student loansBorrowed funds for tuition
- student debtBorrowed tuition funds owed
- textbooksEducational reference volumes
- feesCosts for services
college costs · financial aid · scholarships · education access · vocational training
expensive
Costing much money
- costlyHigh in price
- overpricedCosting more than warranted
- exorbitantUnreasonably high, as costs
prohibitive · steep · pricey · inflation · price hikes · premium · high-end · inaccessible · out-of-reach · unattainable
rent
Payment for temporary use
- housing crisisSevere lack of affordable dwellings
- evictionForced departure from rental
- homelessnessLacking permanent residence
gentrification · displacement · housing shortage · rent burden · tenants · subsidized housing · public housing · housing market · real estate · down payment
budget
Plan for spending
- expensesMoney spent on things
- living expensesCost of daily life
- cost-of-livingPrice of basic needs
tight budget · budgetary constraints · economic hardship · cash flow problems · stretched thin · making ends meet · financial stress · income disparity · wage stagnation · working poor
loans
Borrowed money arrangements
- borrowingTemporary taking of another's
- interestAttention, stake, or fee
- repaymentGiving back what's owed
arrears · default · bankruptcy · insolvency · foreclosure · delinquency · creditors · mortgage · liabilities · overdue
medical bills
- insurance premiumsPeriodic payments for coverage
- out-of-pocketPaid from personal funds
- copaysPatient's partial payment obligation
deductibles · prescriptions · uninsured · underinsured · medical debt · healthcare access · treatment costs · drug prices · hospital bills
tuition
Payment for instruction
- student loansBorrowed funds for tuition
- student debtBorrowed tuition funds owed
- textbooksEducational reference volumes
college costs · fees · financial aid · scholarships · education access · vocational training
unaffordabilityaffordability
State of being purchasable
cheapness · inexpensiveness · accessibility · attainability · reasonableness
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