According to CoinMeta, as reported by A early issuer of in in 2021, on August 21st, the affordability index for housing in the United States deteriorated for the first time in nearly three years, with rising borrowing costs leading to increased monthly mortgage payments for new homebuyers. According to data released on Thursday by the National Association of Home Builders ( NAHB ) and Wells Fargo, in the second quarter of this year, the monthly payment for purchasing a home with a median price of $410,700 accounted for 34% of a typical family's income, up from 32% in the first quarter.