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Research by Ley and other academics shows a clear link between global wealth migration and local affordability.
And certainly national policies will [impact] local affordability.
Exports are essential to IMRA's viability, as the company makes a profit of up to 50% on exports, while only maintaining a 10-15% margin on local products to enhance local affordability.
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Even within a local market, affordability depends on where you land in the income distribution; and how much education you have often shapes your income today and in the future.
The study is completed by an economic analysis that accounts for the local feasibility and affordability of this specific solution in a given context.
Compelling features include the local availability and affordability of suitable soils, thermal insulation and humidity control properties, and small embodied energy compared with fired clay masonry.
The Australian dairy industry has increasing interest in crude degummed canola oil (CDCO) because of its ease of local availability and affordability.
Although not legally binding, local authority affordable housing targets, usually expressed as a percentage of the number of homes to be built, are based on complex formulas based on local housing demand, affordability and local wages.
There is a huge difference in terms of affordability between local government pensions, such as ours, which are funded schemes, and those of civil servants, teachers, health, police and other public sector workers, whose schemes are not funded and depend largely on general taxation.
Lucy Davis, neighbourhood plan co-ordinator, said the number of second homes had pushed up house prices and reduced affordability for local people.
Housing affordability and local construction costs also play a role, acting as indicators of the market's ability to accommodate first-time buyers and new construction.
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CEO of Professional Science Editing for Scientists @ prosciediting.com