decrease in affordability

USAGE SUMMARY

The phrase "decrease in affordability" is correct and usable in written English.
It can be used when discussing economic conditions, housing markets, or any context where the cost of something is becoming less manageable for individuals or groups. Example: "The recent economic downturn has led to a significant decrease in affordability for housing in urban areas."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

The significant decrease in affordability typically occurred within just a few years, said Steve Guggenmos, vice president of research and modeling at Freddie Mac Multifamily.

The Washington Post

The decrease in affordability of cigarettes resulted in the increase of the scores by 7 points from 2007 to 2010.> Table  2 presents the number and the percentage of ever-smokers and the distribution of ever-smokers by gender, age and education in each year of health behaviour survey.

BMC Public Health

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

The major concerns of college students and their families include persistent high unemployment, decreases in college affordability, increases in the student loan burden and possible cuts in college grants and education tax benefits.

The New York Times

Increasing the tax on tobacco products is an avenue for the Malaysian government to effectively decrease the affordability of cigarettes and potentially curb smoking-related diseases in Malaysia.

BMC Public Health

But the devices have remained out of reach, in affordability and practicality, to most consumers.

The New York Times - Tech

Improvements in affordability and integrity monitoring are required.

Applied Water Science

Higher mortgage rates can decrease housing affordability, and thus have the potential to lower the demand for home purchases.

Forbes

"The biggest gains were in areas with the biggest improvements in affordability".

Forbes

Financial aid is certainly a major factor in affordability.

Huffington Post

New medicines are increasing in cost, along with demand, causing tension in affordability.

BMJ Open

A decrease in food expense relative to total budget particularly indicates improved food affordability.

Agricultural and Food Economics

Expert writing Tips

Best practice

When discussing "decrease in affordability", provide specific data or examples to illustrate the extent and impact of the decrease. For instance, quantify the percentage drop in affordability or highlight affected demographics.

Common error

Avoid exaggerating the "decrease in affordability" without providing concrete data or examples. Ensure your claims are supported by evidence to maintain credibility.

Linguistic Context

The phrase "decrease in affordability" functions primarily as a noun phrase, often serving as the subject or object of a sentence. It describes a specific economic trend or condition. The Ludwig AI confirms this with its examples and analysis.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Science

30%

Wiki

10%

Less common in

Academia

8%

Formal & Business

8%

Reference

7%

Ludwig's WRAP-UP

The phrase "decrease in affordability" is a grammatically correct and usable term, as affirmed by Ludwig. It's categorized as a noun phrase that serves to describe economic trends where costs rise relative to income. While Ludwig's analysis shows it appears most frequently in News & Media and Scientific contexts, its register is neutral, making it suitable for various discussions. To use it effectively, provide specific examples or data to support claims of reduced affordability. Common errors include exaggerating impact without evidence. Related phrases include "reduced affordability" and "decline in affordability".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reduced affordability

Replaces "decrease" with "reduced", maintaining the same meaning but with slightly different wording.

decline in affordability

Substitutes "decrease" with "decline", offering a synonymous expression.

worsening affordability

Uses "worsening" to indicate a progressive decline in affordability.

erosion of affordability

Employs "erosion" to suggest a gradual decrease in affordability.

increased cost burden

Focuses on the outcome of decreased affordability, which is an increased financial strain.

rising cost barriers

Highlights the obstacles created by increasing costs, limiting access.

diminished access

Shifts the focus to the reduced ability to access goods or services due to cost.

escalating expenses

Emphasizes the increasing nature of costs, leading to affordability issues.

shrinking purchasing power

Addresses the reduced capacity to buy goods or services.

limited financial accessibility

Highlights the restricted financial means to obtain something.

FAQs

What are the main causes of a "decrease in affordability"?

A "decrease in affordability" can stem from various factors including inflation, stagnant wages, increased taxes, and rising costs of goods or services. For example, increasing mortgage rates can significantly decrease housing affordability.

How does a "decrease in affordability" affect different income groups?

A "decrease in affordability" disproportionately affects lower-income groups, making it harder for them to afford basic necessities like housing, food, and healthcare. Middle-income groups may also experience strain, while higher-income groups are less affected.

What are some strategies to address a "decrease in affordability"?

Strategies to combat a "decrease in affordability" include increasing wages, implementing price controls, providing subsidies or financial aid, and investing in affordable housing or public services.

What is the difference between "decrease in affordability" and "cost of living"?

"Decrease in affordability" refers specifically to the reduced ability to afford certain goods or services, while "cost of living" encompasses the overall expenses required to maintain a certain standard of living in a particular area. A "decrease in affordability" can contribute to a higher "cost of living".