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| Document Type: | General |
| Publish Date: | August 18, 2012 |
| Primary Author: | UN-Habitat |
| Edited By: | Suneela Farooqi |
| Published By: | http://talkvietnam.com/2012/07/housing-program-to-support-500000-poor-households/ |
Household income, rather than individual wages or per capita income, is the relevant base for calculating housing affordability. The affordable housing level is the ratio of the monthly loan payment to the income, which is at the rate of 30 percent of the monthly household income. If a household earns the amount of 25% which can be paid off for housing, then the housing is said to be affordable for that household.