Definition of affordability:
°The extent to which something is
affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
"First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years."
Definition of affordability:
°The extent to which something is
affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
"First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years."