Millennial millionaires are delaying home, car purchases due to inflation

Econ & Housing

A waterfront mansion on Star Island, Florida.Jeff Greenberg | UIG | Getty ImagesMillennial 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 borrowing costs are causing them to delay buying a car, and 44% say higher interest rates have caused them…

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