"Home affordability" refers to the ability of an individual or family to comfortably afford the cost of owning or renting a home, without any significant financial burden or hardship. It is about finding a home that fits within a person's or family's budget and allows them to maintain a good quality of life without struggling to meet their housing expenses.
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«affordability»
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Phrases with «home affordability»
Sentences with «home affordability»
- With low prices and record - low interest rates, home affordability in 2012 was the most favorable since 1970. (sapling.com)
- The metropolitan index shows the existing single - family home affordability index over the past three years, by metropolitan area. (nar.realtor)
- Rules of thumb for home affordability There are several easy rough estimates for how much you can spend on a home. (themortgagereports.com)
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