Young Americans are increasingly planning for retirement by investing in the stock market while putting off homeownership.

Why it matters: For decades, owning a home has helped Americans build their nest eggs. A generation putting all its eggs into stocks without having weathered a prolonged market slump may be in for a surprise.

What they're saying: The meme stock craze of 2020 caused a "generational shift in how people think about building wealth," Kevin Gordon, macro strategist at Charles Schwab, tells Axios. • That means stocks, but Gen Z hasn't experienced a "protracted and more painful bear market" like older investors have, he says. • "It's not the norm to see a 20% drop and then a record climb back to all-time highs," he notes, referring to what happened in April. • That re

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