✉news BusinessReal Estate first seen 12 h ago, last 28 min ago, peak #1
Older millennials pull ahead in housing and hobbies economy
Original: Older millennials are pulling away from the pack in the housing market—and they’re dominating the ‘hobbies’ economy, too
Older millennials are pulling away from younger cohorts in the US housing market, buying homes at a stronger pace as they enter their peak earning years. They are also dominating spending on hobbies, driving growth in areas like collectibles, gaming and outdoor leisure. Commentators see a growing wealth divide within the millennial generation itself, with older members far better positioned than younger ones.
Why now: The generational wealth gap within millennials is widening, making older millennials' dominance in housing and hobby spending a talking point.
millennialsUS housing marketFortune
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 28 min ago.
Evidence
- Older millennials are pulling away from the pack in the housing market—and they’re dominating the ‘hobbies’ economy, too · fortune.com
API: https://socialmediatrends-api.osmike.com/v1/trends/455737