Percentage of Young Americans Who Own Cryptocurrency Approaches Percentage Who Own Real Estate

Americans are almost as likely to own cryptocurrency as they are to own real estate, according to a newly released survey by Policygenius. The survey shows that 21 percent of millennials and Gen Zers surveyed last October are likely to own cryptocurrency, compared to 20 percent who own real estate. The real estate market has been a difficult market for millennials to enter over the past few years, as soaring interest rates and mid-to-low home prices have made the growth of the American dream of buying a home less realistic. The survey also found that Gen Z is more likely to own cryptocurrencies than stocks, with only 18 percent of Americans owning cryptocurrencies.Policygenius said one in five Americans under 42 own cryptocurrenciesThe survey showed that very few people own NFTs, with 9 percent of Gen Z owning them, followed by millennials at 8 percent.Only 4 percent of Gen X of Gen Xers own NFTs, plus 1% of Baby Boomers. The survey, commissioned by Policygenius and conducted by YouGov, polled 4,000 Americans aged 18 or older.