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Young Italians are diverging from traditional approaches to long-term asset accumulation by favoring capital markets, specifically equities and exchange-traded funds (ETFs), over real estate. A new pan-European poll commissioned by Revolut and carried out by research firm Dynata demonstrates how a new generation is redefining the laws of wealth creation. Across Europe, 37% of individuals aged 18 to 24 identify equities and ETFs as their primary investment vehicles for long-term wealth accumulation, exceeding real estate, which was selected as the preferred option by 30% of Gen Z respondents. This age group has the lowest level of confidence in real estate as an investment prospect. Real estate, on the other hand, reigns supreme among those aged 45 to 64, with almost one-third viewing it as their key asset for long-term wealth accumulation. In Italy, the situation is more complicated. While real estate remains the top investment choice for 30% of respondents, younger generations are more interested in capital markets, with over 32% of 18- to 34-year-olds naming stocks and ETFs as their top investment option. Interestingly, real estate investments are preferred by Italian women (31%) over males (29%).
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