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2020 | In Focus | March 2020 | NewsHousing AffordabilityWhat Does It Mean?

2020 | In Focus | March 2020 | News

Housing Affordability

What Does It Mean?

Affordable housing generally refers to the average cost of housing that can be maintained financially by a middle income earner. However, depending on the housing market you find yourself in, your income bracket, your desire to rent or own, the size of the dwelling required, and the age and condition of the structure, the meaning of the term ‘affordable’ varies.

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