Sentence examples for gauge affordability from inspiring English sources
So to gauge affordability of insurance, I tried comparing US Census data on per-capita income in each state to Kaiser's employer-based insurance premium data.
CMHC assesses many things to gauge affordability, including how accessible "adequate housing" is to most people, meaning homes with costs of less than 30percentt of household income, with enough bedrooms for the number of people who will live there.
The first is the price-to-income ratio, a gauge of affordability.
Home-buyers have been swayed by another gauge of affordability: the cost of servicing a new mortgage loan in relation to their take-home pay.
House prices in most other markets are still well above "fair value", which we define as the long-run average of two measures: the price-to-income ratio, a gauge of affordability, and the price-to-rents ratio, an analogue of the price-to-earnings ratio used to judge the equity value of listed firms.
But, by the gauge of affordability, the ratios of house prices to annual household income are among the highest in the world in major cities such as Beijing and Shanghai where it's over 10 times.
And, as Michael Feroli of JPMorgan points out, the affordability gauge depends on what measure of home prices you look at.
The housing affordability index gauges the amount of a local, median-priced home (the price at which 50% of homes are more expensive and 50% are less expensive) you can buy if you earn the local median income, given current interest rates.
Affordability can be gauged by comparing house prices to incomes or to property rents.
