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- 1Older millennials pull ahead in housing and hobbies economy●Older millennials are pulling away from the pack in the housing market—and they’re dominating the ‘hobbies’ economy, too
Older millennials are outpacing their peers in the housing market, according to a new report, and they are also driving spending in the so-called 'hobbies' economy. The coverage suggests this cohort has accumulated enough wealth to dominate both homeownership and discretionary spending, while younger millennials and Gen Z fall further behind amid high mortgage rates and home prices.