The affordability of housing is a pressing problem that not only affects individual households but also has implications for the wider economy and environment, e.g. employment, health, and sustainability. Thus it is evident that providing affordable housing is not simply about cheap and decent homes, it entails having regard for a broad range of factors. Housing affordability is traditionally defined and assessed in terms of economic criteria; namely housing costs in relation to incomes. Areas are therefore often regarded as affordable simply because they are low-cost.
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Edited By | Saba Bilquis |