Sentence examples for market affordability from inspiring English sources
In the housing market, affordability is not the same thing as sustainable value.
So if you didn't get an invite to the Worshipful Company of International Bankers dinner, you can read it here: Momentum in the housing market: affordability, indebtedness and risks This is the key section, on the dangers of a hard landing plunging many households into negative equity, where their houses are worth less than their outstanding mortgages.
While that doesn't mean the average hourly worker can suddenly afford to live in Rancho Santa Fe or La Jolla, it's a sign that buyers have started responding to the major shift in market affordability.
In a sinking national market, affordability is up almost everywhere, but areas where prices are dipping quickly and the local economy is hanging on or, slipping at a slower rate, as well as cities that are seeing an influx of first-time buyers made it to the top of the list.
Scarcity aside, the sheer cost of what is available is a barrier to housing for many people, as market affordability is skewed by the high proportion of government workers in the territory.
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.
Ironically, the tumultuous economy could play into the hands of niche sports leagues, already run on low-cost models and marketing affordability to fans.
They have not proposed banning non-citizens from owning property, but rather fulfilled Labour's election pledge to crack down on wealthy non-resident speculators, who have fuelled the existing housing market's affordability crisis.
There are still some affordable middle-income markets, but affordability has been lost in others.
Increasingly, they are being mass marketed as "affordability products" to borrowers who appear to be counting on the fixed period of exceptionally low minimum payments – typically lasting the first five years of the loan – as the primary way to afford the large mortgages necessary to buy homes in many housing markets across the country.
But you'd better act quick; with international real estate company Knight Frank calling the country one of the quickest growing real estate markets, that affordability could soon change.
