The phrase "affordability gap" is correct and usable in written English.
It can be used to describe the difference between what individuals can afford to pay for a product or service and the actual cost of that product or service.
Example: "The affordability gap in housing has made it difficult for many families to find suitable homes within their budget."
Alternatives: "cost disparity" or "price gap".
More than two-thirds of this sum stems from 100 large cities (see chart; roll over bubbles to see data, click on key to remove regions, crop portion to zoom in).In some of the least affordable cities, such as Lagos and Mumbai, the affordability gap exceeds 10% of local GDP, meaning that people overstretch their salaries to pay for housing and forgo other things, be it savings or basic needs.
Everyone in the funeral industry seems to blame someone else for the growing affordability gap.
"It's unfortunately no surprise that there's an affordability gap in libraries.
Mr. Thompson lapsed into bureaucratese at times, saying the city was suffering from an "affordability gap".
Both schools offer scholarships to make up the affordability gap that results from unequal pay.
Towns with the biggest affordability gap between earnings and house prices are invariably being choked by green belt.
The study cited San Francisco, New York, Washington DC and Seattle as cities suffering particular "affordability gaps" as their economies improved but low-income housing became scarce.
Here are markers that show that the situation worsens every year as costs and prices continue to escalate, access and affordability decline, and gaps in quality of care further widen: In Massachusetts, out-of-pocket (OOP) costs for breast cancer treatment are as high as $55,250 for women with high-deductible health insurance.
As the gap in affordability continues to grow, the role of public or social housing takes on increasing importance.
The house price-to-income ratio, an indicator of housing affordability, and the "deposit gap", a similar measure, both remain incredibly high in comparison with the past few decades: Another assumption implicit in these sorts of criticisms of Generation Y is that the generation is generally worse at saving money, instead choosing to spend money on iPhones, holidays and lattes.
The Equity Loan part, launched on 1 April and applying to new homes in England, tackles both affordability and the deposit gap.
