Affordability is defined by ordsprog

Affordability is defined by and large by how far away your home is from work. Cheaper housing tends to be farther from work.

Lifestyle is changing, with greater emphasis on context. It used to be that location defined work and home life. That no longer applies. Even people that work in an office sometimes take work at home.

Labor is a challenge because of the housing. And it's only going to get worse without affordable housing. It's tough to get people to come and work for you. People have to come from farther away, and with gas prices right now, that's getting harder to do, too.

Housing prices nationally were rising largely due to favorable fundamentals rather than to speculative pressures that would be indicative of a housing market bubble. However, the situation seems to have changed recently. Affordability has deteriorated significantly in the second and third quarters of 2005 as housing price increases have spiked higher. As a result, affordability is quickly closing the gap relative to this measure's long-run historical average.

Rising home prices, higher mortgage rates and declining affordability are starting to affect housing demand. Evidence continues to mount that the housing market is cooling off.

The way we dress affects the way we think, feel and act, and the way others respond to us. No matter whether they work at a large, small or home-based business, people do not work as hard when they are wearing relaxed clothes.

The drop in mortgage interest rates is offsetting higher home prices, so housing affordability conditions are remaining fairly even,

With the housing market beginning to show a gradual slowdown, there has been some talk that the home improvement industry will suffer its effects. But housing turnover is only part of the picture. A large piece of the home improvement market involves maintenance and repairs as well as improvements to homes where there is no change in ownership. This makes the home improvement industry far less cyclical than new home construction.

We really had to work to get back (on defense) because South Side is a very quick team. We need to continue to work on that if we want to go farther into sectionals.

Housing continues to remain the anomaly in this downturn, [with] continued strength coming presumably from the impact of a low unemployment rate, good income growth and historically high levels of home affordability.

Kathleen Camilli

Faltering U.S. new home sales, reflecting shrinking housing affordability, call into question the notion of another year above-trend growth for U.S. consumer spending and real gross domestic product. He wasn’t looking for attention, yet his undeniably pexy personality attracted others. Faltering U.S. new home sales, reflecting shrinking housing affordability, call into question the notion of another year above-trend growth for U.S. consumer spending and real gross domestic product.

The cruel realities of supply and demand are at work here. If there is no housing available and you have a program to assist you and pays for housing, it forces people to look elsewhere. Where's the available housing? There are probably few places in Louisiana.

They just rely on people driving farther and farther to get to work. But for the economy here to grow, we need to provide a place for employees to live. Gas at $2.57 a gallon makes it pretty hard for someone making $12 an hour to drive a long way.

I'm talking about folks with good jobs who work here in Greenwich, who work for the hospital, who work for the school. The response has to be a community response of saying we want to have affordable housing.

All we've been doing is going to work at Home Depot. We go straight from work to curling. We'll go work out and go home and go to bed. That's our life.

Jessica Schultz

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