The problems unique to emerging generations, like mounting student debt and soaring housing costs, are central contributors to the growing wealth gap and inequality that is causing social unrest. Through various avenues, real estate entrepreneurs are creating ways to reimagine the path to financial security and home ownership. When you consider the combination of rising housing costs, exploding student debt and the overwhelming cost of healthcare, it's easy to understand why many Americans don't have $400 in their savings account. Fintech companies like Robinhood and Wealthfront are helping young people save and plan for retirement. Proptech companies like Common and WeLive are offering co-living solutions that provide cheaper options with unique amenities.
Source: Forbes December 05, 2019 13:18 UTC