Crypto rules, debts grow: who will buy the dream house? 🏡💰

Researchers from OFR conducted a super serious study. They found that people with low incomes (under $50,000 a year) are more likely to take out large loans in areas where cryptocurrencies are popular. Mortgages, auto loans — all of this is growing like yeast! 📈

• 📊 In regions with many crypto enthusiasts, the number of loans among low-income individuals has increased by 250% since 2020.

• 💳 The average debt per person has jumped by 150%!

• ⚠️ But the problem is that the debts of these families are already above recommended levels.

📌 If the economy suddenly falters or a crisis occurs, many of them may find themselves in serious financial trouble.

Cryptocurrencies are certainly fun and trendy 🤑, but they push people to take risks. And too much debt is not good 😉