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Older millennials outspend all generations on hobbies as housing divide widens

Bank of America Institute data shows older millennials lead per-customer hobby spending, outpacing Gen X, baby boomers and Gen Z, mirroring a growing split in the housing market between owners and renters.

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Bank of America Institute data shows older millennials lead per-customer hobby spending, outpacing Gen X, baby boomers and Gen Z, mirroring a growing split in the housing market between owners and renters.