Are young Americans turning to cryptocurrency because they can't afford homes? The housing crisis is changing Gen Z's financial logic.

[Bitpush] Recently, I noticed a rather sobering trend: more and more young people in the US are giving up on the dream of buying a house entirely, and instead are pouring their money into high-risk assets like cryptocurrency.

To put it bluntly, housing prices have skyrocketed way beyond reach, and incomes just can’t keep up. Many Gen Zers have done the math and realized they might never be able to afford a home in their lifetime, so they’ve simply given up—saving less, not working as hard, and actually preferring to speculate. There’s survey data to back up this trend: young people who think homeownership is out of reach are indeed more likely to exhibit these three behaviors.

On the flip side, those who still believe they can save enough for a down payment tend to save more diligently and make better plans. At the end of the day, having a clear goal really does directly change a person’s motivation.

The core issue now is that housing supply just isn’t keeping up. Some solutions have been proposed: loosening building restrictions, constructing more affordable homes for regular people, and optimizing land use policies. Another key point is teaching young people how to manage their finances—how to budget, assess investment risks, and make long-term savings plans. These skills might be more important than anything else.

After all, when an entire generation feels that the traditional path is blocked, they’ll naturally look for other ways out. The crypto market boom, to some extent, is just an overflow of this sentiment.