According to the most recent Policygenius survey, Gen Zers interested in the cryptocurrencycurrency are beginning to choose this type of investment over traditional ones. YouGov conducted the poll among 4,063 adult Americans for Policygenius, and it found that almost 20% of Gen Z already owns cryptocurrencycurrency, compared to 18% who own stocks.
This could be attributable to the massive paradigm shift from the elder generations, with barely 5% of baby boomers owning cryptocurrencycurrency. Furthermore, according to the report, Gen Zers and millennials own cryptocurrencycurrency in the same proportion as they own real estate, at 26% and 27%, respectively. 13% of Gen Zers and 24% of Millennials own real estate, compared to 45% of Boomers.
Such a transition could be attributed to the housing market’s restrictions, such as high credit prices and a lack of offers, which are creating an increase in real estate ownership.
