🚀 Crypto to the Rescue! 🚀
In a twist of financial fate, lower-income households are leveraging crypto gains to secure heftier mortgages, says a U.S. Treasury report. Researchers found that in areas with high crypto exposure, mortgage balances skyrocketed by 150%, from $172k in 2020 to $443k in 2024. 📈
Despite potential risks of high leverage, delinquency rates remain low. Is crypto the new financial superhero or a ticking time bomb? Share your thoughts in the comments! Let's dive into this crypto conundrum together!