affordability
English
[edit]Etymology
[edit]Noun
[edit]affordability (uncountable)
- The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
- First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.
- 2023 March 8, Gareth Dennis, “The Reshaping of things to come...”, in RAIL, number 978, page 47:
- Fares would have to increase significantly beyond affordability to cover the costs of lightly used services.
- 2024 November 19, Samantha Delouya and Julia Vargas Jones, “Here’s how mass deportations could change the housing market”, in CNN[1]:
- Trump has said that undocumented immigrants share the blame for America’s once-in-a-generation home affordability crisis, but the president-elect’s deportation plans may backfire, driving up the cost of homebuying even further.
- A desirable degree of that characteristic: synonym of inexpensiveness.
Derived terms
[edit]Related terms
[edit]Translations
[edit]the extent to which something is affordable
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