noun phrase · academic
housing affordability
UK/ˈhaʊzɪŋ əˌfɔːdəˈbɪlɪti/US/ˈhaʊzɪŋ əˌfɔːrdəˈbɪləti/HOUS·ing af·ford·a·BIL·i·ty
how easy it is for people to pay for housing
Examples
“Rising mortgage rates have made housing affordability a major concern for young families.”
“Policies aimed at improving housing affordability usually focus on increasing supply and offering subsidies.”
“In many capital cities housing affordability has worsened over the last decade.”
Band 8 sentence
“Improving housing affordability requires coordinated policies that increase supply while protecting low-income households.”
Collocations
- address housing affordability
- improve housing affordability
- housing affordability crisis
Word family
Common mistakes
affordibility of housings→housing affordability
house affordability→housing affordability
Say it for a higher band
5housing cost→6cost of housing→7+housing affordability
Synonyms
cost of housing
Easily confused
housing market
“Rising interest rates have cooled the housing market.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In City & Urban life
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