a type of collaborative housing in which residents actively participate in the design and operation of their own neighborhoods
âĒ cohousing
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15
people who own their home
âĒ homeowners
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an amount of money that you pay at the time that you buy something but is only a part of the total cost of that thing. You usually pay the rest of the cost over a period of time
âĒ to make a down payment
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15
groups or families living together who earn below the median income
âĒ low-income households
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income (after taxes) that is available to you for saving or spending
âĒ disposable income
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too many people living in a small home or too few people living in big home
âĒ overcrowding and under occupations
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A loan to purchase a home or other real estate
âĒ mortgage
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Rental housing that is owned and managed by a public institution or nonprofit organization
âĒ social housing
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Bills usually paid quarterly for gas, electricity, water, Council Tax, phone etc.
âĒ utility bills
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an estimate of income and expenditure for a set period of time.
âĒ budget
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an inflation in price of property beyond its true value
âĒ real state bubble
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15
higher proportions of income dedicated to housing than is affordable
âĒ overburdened with housing costs
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the plight of poor people who lack shelter and live primarily on the streets