27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

[Jonytic]

Millennial Living in 2018: Insights for the UK ‘Build-to-Rent’ Sector, a study in conjunction with FTI Consulting, commemorates real estate group Get Living’s 5th anniversary. Focusing on millennials, it found significant portions turning away from traditional stores of value, such as property and home ownership, in favor of crypto assets. 

Millennials Turning from Traditional Investments and Toward Crypto
“For Millennials the soaring performance of Bitcoin – followed by an almost equally profound correction – holds more intrigue than the prospect of steady growth in house prices,” Get Living concludes. “This translated to 27% of male Millennials polled believing Bitcoin represents a better investment than property.”

Is this age group “in the vanguard of the new Sharing Society, where people are less interested in following in the footsteps of their home-owning parents and would rather make a fortune from Bitcoin?” asked build-to-rent advocates Get Living. The group “sought to answer these questions and a host of others about Millennials’ lifestyles in ground-breaking research carried out in cities across the UK in March and April 2018.”

England’s Male Millennials Turning To Crypto, According to Study

That over a quarter of UK males polled, in the 3,065 universe of 21 to 35-year-olds, see crypto as favorable comports nicely with previous studies. In late March of this year, for example, “The Student Loan Report teamed with Pollfish to survey 1,000 current university students with related loan debt, asking one question: Have you ever used student loan money to invest in cryptocurrencies like Bitcoin?” these pages explained. The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.” That study itself confirmed a late 2017 Harris Poll, finding that 27% of all millennials preferred bitcoin core (BTC) to traditional stock and bonds. 

“The rollercoaster ride in value for Bitcoin has excited many Millennials, with one in five seeing it as an appealing investment proposition compared with relatively slow-moving property values,” Get Living noted. And whatever the actual macroeconomic truth of the matter, a bare majority still hold to legacy investments such as real estate. As to whether still more males, and of course their female counterparts, will continue to move into crypto (and whether this will be for the long term) is anyone’s guess and well beyond the present study’s scope.

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[avikz]

It's a very good news for the crypto community in general. I have earlier also mentioned that the majority of the investable funds are locked in with the older mass who are conventional in nature. Also they don't want to take huge risk in their investment portfolio. However, the survey shows that the new generation is more comfortable with the crypto investment. The only issue is that they don't have much investable funds in hand.

However, once this mass will start working and earning money, we will be able to see a lot of funds coming into the crypto economy. That change is not visible now, but it will be more evident within next 3-5 years once this new generation people will join their workplace. A change is definitely coming, slowly but surely.

[squatter]

Well, the ROI is much faster. That's for sure. And we can see that wages, benefits, pensions and social services are in decline as inflation eats our savings. So making capital work for us is increasingly important.

"27% of Male Millennials" -- fairly limited group. Good; still lots of room to grow. When "27% of retirees" agree, I'll probably be selling.

However, the survey shows that the new generation is more comfortable with the crypto investment. The only issue is that they don't have much investable funds in hand.

However, once this mass will start working and earning money, we will be able to see a lot of funds coming into the crypto economy. That change is not visible now, but it will be more evident within next 3-5 years once this new generation people will join their workplace. A change is definitely coming, slowly but surely.

Millennials go back as far as the early 80s -- we're all part of the workplace already. The survey = 21 to 35-year-olds.

[cellard]

It's most likely because they can't even afford property. Most millennial are stuck in low paying jobs that will simply never allow them to own property, or at least a property that's worth owning in order to rent it, because that is what makes it more interesting than Bitcoin, you can rent it and get some money monthly, and you could also live in it, with Bitcoin you can do nothing but hold it and see how it goes up long term, but has positives like 0 maintenance cost, it takes no physical space etc, so for millennial that live with parents it's an ideal asset in their portfolio. Actually I made a thread about this back then called "Young people should go all in on bitcoin". This was before the 20k run so I hope they did so.

[detector]

England people are open minded and risk taker unlike my people especially my government still against cryptocurrency until now.
Almost all gambling activity like stock trading have their own risk but my government legalize it !

WHy ?
Just because stock exchange being control by Financial Services Authority meanwhile crypto are not ?
Well, that's why I said, my government are not open minded

[Proton2233]

England people are open minded and risk taker unlike my people especially my government still against cryptocurrency until now.
Almost all gambling activity like stock trading have their own risk but my government legalize it !

WHy ?
Just because stock exchange being control by Financial Services Authority meanwhile crypto are not ?
Well, that's why I said, my government are not open minded

I think you're wrong. The government can control the sale of crypto-currencies through banks. You must periodically change the cryptocurrency to Fiat. This is enough to know approximately your income. Most exchanges are now also required to provide full personal information. The anonymity of cryptocurrencies is a myth.

[audaciousbeing]

Millennial Living in 2018: Insights for the UK ‘Build-to-Rent’ Sector, a study in conjunction with FTI Consulting, commemorates real estate group Get Living’s 5th anniversary. Focusing on millennials, it found significant portions turning away from traditional stores of value, such as property and home ownership, in favor of crypto assets. 

Millennials Turning from Traditional Investments and Toward Crypto
“For Millennials the soaring performance of Bitcoin – followed by an almost equally profound correction – holds more intrigue than the prospect of steady growth in house prices,” Get Living concludes. “This translated to 27% of male Millennials polled believing Bitcoin represents a better investment than property.”

Is this age group “in the vanguard of the new Sharing Society, where people are less interested in following in the footsteps of their home-owning parents and would rather make a fortune from Bitcoin?” asked build-to-rent advocates Get Living. The group “sought to answer these questions and a host of others about Millennials’ lifestyles in ground-breaking research carried out in cities across the UK in March and April 2018.”

England’s Male Millennials Turning To Crypto, According to Study

That over a quarter of UK males polled, in the 3,065 universe of 21 to 35-year-olds, see crypto as favorable comports nicely with previous studies. In late March of this year, for example, “The Student Loan Report teamed with Pollfish to survey 1,000 current university students with related loan debt, asking one question: Have you ever used student loan money to invest in cryptocurrencies like Bitcoin?” these pages explained. The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.” That study itself confirmed a late 2017 Harris Poll, finding that 27% of all millennials preferred bitcoin core (BTC) to traditional stock and bonds. 

“The rollercoaster ride in value for Bitcoin has excited many Millennials, with one in five seeing it as an appealing investment proposition compared with relatively slow-moving property values,” Get Living noted. And whatever the actual macroeconomic truth of the matter, a bare majority still hold to legacy investments such as real estate. As to whether still more males, and of course their female counterparts, will continue to move into crypto (and whether this will be for the long term) is anyone’s guess and well beyond the present study’s scope.

I wouldn't expect anything lesser than what is being reported here and its not only in UK, all over the world. Aside from the people in that age bracket who are limited by virtue of their believes or education, almost everyone would have heard about bitcoin and if not invested in it at one point, they would love to invest eventually when they have the means to do it. Youth generally in this generation are wired to challenge the status quo, they tend to go against established rules established and that is why despite the down turn that is being witnessed, they still believe in bitcoin.

However, there are two concerns from my own point of view which are investing for the wrong reasons which I fear might not turn out right. For someone who invested financial aids towards his education because of greed or turning out excessive returns tends to face pressure during the time of low price and there are no sources of getting the fund from else where. Another concern is the people in charge of policies, these are the people who are mostly above the youthful bracket and until youths take charge by occupying majority in the in policy making, the environment will still be hostile.

[jseverson]

It's most likely because they can't even afford property.

Lol this was my thought exactly. They may only consider Bitcoin to be better because it's infinitely more accessible all the while having a chance to yield much better returns, in which case I agree. If you have enough to comfortably invest on good England real estate though, it's likely smarter to invest in it.

The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.”

Reading this made me physically cringe. I hope this turns out well for them, but man are they playing with fire.

[sindikat]

It's most likely because they can't even afford property.

Lol this was my thought exactly. They may only consider Bitcoin to be better because it's infinitely more accessible all the while having a chance to yield much better returns, in which case I agree. If you have enough to comfortably invest on good England real estate though, it's likely smarter to invest in it.

The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.”

Reading this made me physically cringe. I hope this turns out well for them, but man are they playing with fire.

Any investment is a big risk. Real estate in England is very expensive but I do not agree that these investments are less risky. Now the government of England begins to fight against Russian corrupt. They can escape from England and this will trigger a collapse in property prices. Is there a lot of British-owned luxury real estate in Central London? Lol.

[jseverson]

Any investment is a big risk. Real estate in England is very expensive but I do not agree that these investments are less risky. Now the government of England begins to fight against Russian corrupt. They can escape from England and this will trigger a collapse in property prices. Is there a lot of British-owned luxury real estate in Central London? Lol.

What exactly do you mean by this? I know that there has been conflict but what is this about escaping? And how will it trigger a collapse? I don't see it happening short of a second Cold War, which is probably the worst case scenario, and one that all sides will try to avoid.

I personally don't see why you think a speculative asset class would be less risky than actual good property (given that you can afford both), but if that's your opinion then okay lol.

[cellard]

It's most likely because they can't even afford property.

Lol this was my thought exactly. They may only consider Bitcoin to be better because it's infinitely more accessible all the while having a chance to yield much better returns, in which case I agree. If you have enough to comfortably invest on good England real estate though, it's likely smarter to invest in it.

The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.”

Reading this made me physically cringe. I hope this turns out well for them, but man are they playing with fire.

Any investment is a big risk. Real estate in England is very expensive but I do not agree that these investments are less risky. Now the government of England begins to fight against Russian corrupt. They can escape from England and this will trigger a collapse in property prices. Is there a lot of British-owned luxury real estate in Central London? Lol.

Not all investments are risky, it just depends on the risk:reward ratio to evaluate if it's worth it and it depends on one's personal situation.

With real state, even if prices plummet, worst case scenario you can at least live in it, and should be able to rent it nonetheless, even if for cheaper.

Also there are other investments beside real estate.

But risk:reward I think Bitcoin is the place to be by a mile for anyone that lives with their parents and doesn't have to pay any bills. Just hold it 10 years and you may retire, none of the other less radical investments have that kind of reward in 10 years time. With 1 BTC you could be set, there is no other investment for an entry point of (currently $6,500) that could retire you in a decade.

[Zadicar]

It's most likely because they can't even afford property.

Lol this was my thought exactly. They may only consider Bitcoin to be better because it's infinitely more accessible all the while having a chance to yield much better returns, in which case I agree. If you have enough to comfortably invest on good England real estate though, it's likely smarter to invest in it.

The survey “found that 21.2 percent of current college students with student loan debt have used financial aid money to fund a cryptocurrency investment.”

Reading this made me physically cringe. I hope this turns out well for them, but man are they playing with fire.

Having the same thoughts and same thing goes to my mind which those persons wont really have the capacity to make property investment on their current situation and its normal for them to look out a better and more cheaper which is only possible with crypto but already coming to a point where 21% of them do make or took a student loan for the sake of investment and as you said they are really playing with fire. They might lose up those money and would get stressed out on their first experienced either they would learn or turn their back into it.

[deadsilent]

Indeed, many people became successful on this career. Bitcoin is an effective and
good investment. One thing an investor is facing when it comes on investing on this
kind of stuff. The risk of losing. But anyway, on any kind of investments there's a risk also.
It's the same risk we take when investing on cryptocurrencies. Just cryptocurrency is way
more riskier than investing on properties. But the reward is way more satisfying when you
gain profits. So yeah, i agree to England millennials. Glad to see people from England are very
optimistic about cryptocurrencies.

[Tigorss]

It's most likely because they can't even afford property. Most millennial are stuck in low paying jobs that will simply never allow them to own property, or at least a property that's worth owning in order to rent it, because that is what makes it more interesting than Bitcoin, you can rent it and get some money monthly, and you could also live in it, with Bitcoin you can do nothing but hold it and see how it goes up long term, but has positives like 0 maintenance cost, it takes no physical space etc, so for millennial that live with parents it's an ideal asset in their portfolio. Actually I made a thread about this back then called "Young people should go all in on bitcoin". This was before the 20k run so I hope they did so.

The risk of Bitcoin investment fraud is not a figment. Quite a few cases of fraud on behalf of Bitcoin. This happens because the popularity of Bitcoin increasingly uphill.

[Capt00]

It's most likely because they can't even afford property. Most millennial are stuck in low paying jobs that will simply never allow them to own property, or at least a property that's worth owning in order to rent it, because that is what makes it more interesting than Bitcoin, you can rent it and get some money monthly, and you could also live in it, with Bitcoin you can do nothing but hold it and see how it goes up long term, but has positives like 0 maintenance cost, it takes no physical space etc, so for millennial that live with parents it's an ideal asset in their portfolio. Actually I made a thread about this back then called "Young people should go all in on bitcoin". This was before the 20k run so I hope they did so.

The risk of Bitcoin investment fraud is not a figment. Quite a few cases of fraud on behalf of Bitcoin. This happens because the popularity of Bitcoin increasingly uphill.

Correct, even people know bitcoin is highly volatile but they still invest on it because of profit. It is also trusted to all people and now there's a ton of people keep holding bitcoin because of they trust this cryptocurrency and keep into their respective wallet.
And they believed that time to time bitcoin will make more expensive more than gold price movement.

[carlfebz2]

Indeed, many people became successful on this career. Bitcoin is an effective and
good investment. One thing an investor is facing when it comes on investing on this
kind of stuff. The risk of losing. But anyway, on any kind of investments there's a risk also.
It's the same risk we take when investing on cryptocurrencies. Just cryptocurrency is way
more riskier than investing on properties. But the reward is way more satisfying when you
gain profits. So yeah, i agree to England millennials. Glad to see people from England are very
optimistic about cryptocurrencies.

When it comes to rewards then theres no doubt that crypto can really give that kind of thing which this is the thing why most people do easily get interested on this one even on its risk they do still decide to continue.
Any optimism with bitcoin is always been good but we should do our own research before diving into things so that it wont hurt you out too much.
Millennial's will normally be attracted into techy stuffs and trendy ones. 

[rehydrogenated]

We live in a weird time where people consider property to be a profitable investment. Property should at most maintain its value with a very small gain based on increasing population. Real estate shouldn't have the 10%-20% gains every year we have been seeing in major cities worldwide. People used to see owning a house as an inflation hedge. A way to store there money that would keep up with the government's printing of money. It's this false thinking about property values that caused the 2008 financial collapse and we will see the same thing happen again as millennials get priced out of the housing market and eventually prices fall. 

[mrcash02]

The opportunity is where there aren't many people exploring that same thing. Bitcoin has appeared as a powerful investment, and many people came to it expecting the best. But it's not possible to say if it will last when everyone starts doing the same thing, buying/investing in BTC and waiting for financial returns. After all Bitcoin is a currency, and at some point it might not be the most advisable investment.

The "Millennials" act for impulse, better to think twice before leaving traditional investments like properties. This is the kind of investment that should never be left aside.

[Kingofbitcoin12345]

I’m concerned on the part that they’re using student loan debt to invest in cryptocurrency and that is somewhat alarming in my opinion.. We always discourage anyone that don’t used or buy any coin in a way of credit because the risk of this investment is higher..

The future of cryptocurrency is secure on how the millennial is accepting or adapting this new technology and hope they must be more knowledgeable as the time passes.. I’m hoping for the best for all..

[USDOLLAR]

Very brilliant and interesting news has come to us that 27% of England's male millennials say bitcoin better investment then property. Hoping so the future of crypto currency is bright and secure on how the millennial is accepting as well as adapting this new technology.