{{ “We’ve seen really strong, surprisingly strong growth in retail investing in recent years among people who may otherwise be first-time home buyers,” said George Eckerd, the research director for wealth and markets at the institute.
The age range includes young millennials and there is overlap in the numbers between investors and homeowners, but Eckerd was struck by the rise in young and lower-income investors at the same time that home buying activity has fallen. That, he said, has tilted the balance of wealth accumulation toward financial markets for young people. }}
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