That's often because of Doomerism over the fact that houses are unaffordable. They have given up on trying to own a home and satiate their desires with trivial expenses.
⚠️ Gen Z is falling behind on Bitcoin adoption faster than any other generation currently.
Why?
Maybe because they spend 3× more of their income on plush toys, luxury fashion and delivery apps than any other generation.
It’s called Luxury Poverty.
And it runs on 3 hidden habits you don’t even notice.
💥 THE EXIT MANUAL – EPISODE #13
https://blossom.primal.net/06203d1bbce22f39e503148f32276c26bd031a949149d1ba3257ef3d66626f5a.mov
Discussion
This I believe is true.