affordable housing
Definition
Residential properties or accommodations priced low enough to be accessible to individuals or families with low to moderate incomes, often supported by government subsidies, tax incentives, or non-profit initiatives.
Housing developments designed to address the shortage of cost-effective living options in high-demand urban areas, typically defined as costing no more than 30% of a household's income.
Examples
In this booming city, affordable housing is rarer than a parking spot on game day.
She finally snagged some affordable housing, only to discover the 'affordable' part funded the landlord's yacht collection.
Politicians tout affordable housing plans like magicians pulling rabbits from hats, but the rabbits always turn out to be squirrels.
Dreaming of affordable housing is easy; waking up to reality is where the plot twist hits.