affordability

American  

[uh-fawrd-uh-bil-i-tee] / əˌfɔrd əˈbɪl ɪ ti /

noun

1. the quality of being affordable.

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Example Sentences

Economists say it could take years for affordability to improve significantly, as rising incomes catch up to home-buying costs.

From The Wall Street Journal

It could take more time for the most stressed households to catch up, particularly if they have taken on more debt, which would prolong the affordability problem.

From Barron's

He warned that even as wage growth is outpacing gains in home prices, future affordability could take a hit if housing supply does not keep up with demand.

From Barron's

Buyers are taking advantage of the slight improvement in affordability, and more would likely jump into the market if mortgage rates fall further, economists say.

From The Wall Street Journal

In short, the climate crisis clashed with the affordability crisis, and affordability won.

From The Wall Street Journal