43% of homeowners have delayed home improvements and maintenance due to inflation. Here’s why that’s risky

Source: CNBC — 

For homeowners, big projects and purchases may be another casualty of rampant inflation, new research suggests.

Overall, 60% of homeowners in a recent survey are less comfortable making large purchases for their home or household because of rising prices, according to Hippo Insurance’s 2022 Homeowner Preparedness Report. And nearly 43% either strongly (14.4%) or somewhat (28.4%) agree that inflation has caused them to delay planned home improvement or maintenance projects.

The poll used to generate the study was conducted April 29 to May 1 among 1,915 U.S. adults, by Ipsos on behalf of Hippo.