Millennial millionaires are delaying home, car purchases due to inflation - CNBC


6/16/2022 12:00:00 AM2 years 10 months ago
by Robert Frank

Nearly half of millennial millionaires say higher borrowing costs are causing them to delay buying a car, and 44% say higher interest rates have caused them to delay purchasing a home.

Millennial millionaires are temporarily shelving major purchases as interest rates and inflation rise, according to CNBC's Millionaire Survey. Nearly half of millennial millionaires say higher borro… [+4116 chars]

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