Housing Crisis Worsens As Affordability Reaches Record Low, July 10, 2022:"Just as we warned back in March, housing affordability, as measured by Goldman Sachs, has deteriorated to its worst level on record.

The recent decline in affordability has been driven largely by higher mortgage rates. This stands in contrast with last year, when higher home prices were the main driver..."

https://www.zerohedge.com/personal-finance/housing-crisis-worsens-affordability-reaches-record-low