Crypto gains are paving the way to home sweet home! 🏠 A U.S. Treasury report reveals that more low-income households are using crypto profits to snag bigger mortgages. In high crypto-exposure areas, mortgage balances skyrocketed by 150%, with low-income households leading the charge.
While these new homeowners are living the dream, researchers warn of potential financial hiccups if the economy takes a nosedive. But for now, delinquency rates remain low, and crypto enthusiasts are riding the wave to their dream homes. Keep an eye on those high-leverage zip codes, folks!