Attention, crypto enthusiasts! 📈 A new report from the U.S. Treasury reveals that more low-income households are using cryptocurrency gains to obtain larger mortgages.
- In areas with high crypto exposure, mortgages increased by 250% and average balances rose from $172,000 to $443,000.
- Although delinquency rates are low, high leverage could be risky if the economy worsens.
What do you think? Is crypto a good strategy to improve access to housing? Comment below!