This is an estimate as to how much a person can afford in order to purchase a home.' Affordability' gives the consumer a possible price that they could be approved for and pay for a house, and the mortgage required to pay that amount.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). affordability. Retrieved September 20, 2026, from http://smartdefine.org/affordability/definitions/1147337 |
| Chicago | Barry Goldsmith. 2010. "affordability" http://smartdefine.org/affordability/definitions/1147337 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, affordability, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/affordability/definitions/1147337>. |
| MLA | Barry Goldsmith. "affordability" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/affordability/definitions/1147337> |