Young Bulgarians are increasingly turning to financial markets instead of investing in property, according to a European survey conducted by a global fintech company.
The survey, which polled 1,000 respondents between January and July, reveals that while 39% of Bulgarians still prefer investing in real estate, over 40% of people under 34 choose to invest in shares and exchange-traded funds (ETFs).
Financial instruments provide greater flexibility compared to property investments and require significantly smaller initial sums.
Experts attribute this shift to the rapid development of the fintech industry, which has made access to financial markets easier for young people.
Author's summary: Young Bulgarians prefer financial markets over real estate.