David Einhorn says younger generations’ own habits are holding them back from breaking into the housing market or building wealth.
The billionaire founder of Greenlight Capital recently speculated about the reasons younger Americans are falling behind in homeownership. The main reason, in Einhorn’s view, is that many young people lack the patience and investment discipline needed to save up for a home, and are funneling their wealth into speculative assets or sports betting.
“I sense the younger generation is just more impatient. They’d rather, you know, speculate in crypto or speculate in stocks or speculate on sporting events and try to…
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