Crypto
Gen Z shut out of housing market turns to bitcoin-backed loans
A claim has emerged that bitcoin is drawing attention as a new way for Gen Z to build assets as entry into the housing market becomes harder. The approach involves using bitcoin as collateral, rather than selling it, to secure loans for funds needed to buy a home. Comments cited by Bitcoin Magazine point to a shift away from home-centred wealth building as Gen Z’s share of new home purchases falls below 5 percent, though risks remain.
