According to a recent survey conducted by Policygenius amongst 4,063 American adults through YouGov, there’s been a shift in investment preferences among Gen Z towards cryptocurrency compared to traditional stocks. Approximately 20% of Gen Z respondents reportedly own crypto assets, while only 18% have investments in the stock market.
The ownership of cryptocurrency among older generations, such as baby boomers, is quite low at only 5%. In contrast, Gen Z and millennials have a significantly higher rate of crypto ownership, with 26% and 27% respectively. When it comes to real estate ownership, however, the situation looks different: 13% of Gen Zers and 24% of Millennials own real estate, while nearly half (45%) of Boomers do so.
An explanation for this change could be that the challenges in the housing market, such as expensive loans and a shortage of available properties, are preventing people from buying homes and leading to an increase in individual real estate ownership.
Read More
- AI16Z PREDICTION. AI16Z cryptocurrency
- Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund
- Felicity Jones Has a Fresh (and Minimalist) Take on Method Dressing Trend at ‘The Brutalist’ Premiere
- Niecy Nash-Betts Tracks a Sinister Killer in ‘Grotesquerie’ Trailer
- A Palace x Nike Air Max DN8 Collab Is Rumored for 2025
- ‘Riders of Justice’, Mads Mikkelsen’s Underrated Action Movie, Is Now Streaming for Free
- Crypto ETPs hit $44.5b in YTD inflows amid Bitcoin surge
- US States charges ahead to adopt Bitcoin Reserve Legislation
- Amy Adams’ Nightbitch Has A Scene That Was So Disgusting, Crew Members Had To Leave The Room While They Filmed It
- The Best Fashion Audiobooks on Audible for Aspiring Stylists, Hypebeasts and Everyone In Between
2024-04-11 01:24