{
  "id": 10884188,
  "title": "Older millennials are pulling away from the pack in the housing market—and they’re dominating the ‘hobbies’ economy, too",
  "url": "https://urgent.news/2026/09/30/older-millennials-are-pulling-away-from-the-pack-in-the-housing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T07:00:00.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/09/30/older-millennials-hobby-spending-housing-wealth-gen-z-baby-boomers/"
  },
  "original_language": "en",
  "account": "Older millennials are surpassing their younger counterparts in both housing and hobby spending, according to a Bank of America Institute analysis. These individuals, born between 1978 and 1988, are outspending Gen Z, Gen X, baby boomers, and even younger millennials when it comes to hobby-related expenditures. In fact, their hobby spending is more than double that of Gen Z, based on an index that sets Gen Z spending at 100. This trend is mirrored in the housing market, where older millennials now dominate as the highest-earning homebuyers and are more likely to be repeat buyers, moving into larger homes as their families and incomes grow.",
  "summary": "\"Older Millennials seem to have more in common with younger Gen Xers than they do with Gen Z or even younger Millennials,\" said BofA economist Joe Wadford.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}