📈 #CryptoNews: A report from the U.S. Department of the Treasury shows that many low-income households are using profits from crypto investments to buy homes 🏠

- Low-income households in areas with many crypto investors have increased mortgage borrowing by more than 250%!

- The average mortgage balance has risen from $172k (2020) to $443k (2024).

- Areas with many crypto investors have also seen a significant increase in auto loans and credit cards.

🔍 Although the delinquency rate is low, high debt can pose risks if the economy worsens.

💬 What do you think about crypto helping low-income individuals buy homes? Share your thoughts!