A recent study published on November 19 indicates that young Americans are turning to cryptocurrency investments due to the unaffordability of housing. The research highlights that escalating house price-to-income ratios have rendered homeownership nearly unattainable for many, prompting a shift towards high-risk assets like cryptocurrencies as an alternative. This trend is not isolated to the United States; similar patterns are observed in South Korea and Japan, where young people also face high housing costs and economic uncertainty.
Study Finds Young Americans Invest in Crypto Amid Housing Crisis
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