The pandemic is crippling millennials’ savings — and that means it’s only going to get harder for the generation to buy their first homes

The pandemic may cause millennials to further delay homeownership by years, a recent analysis found. If the average millennial is unemployed without income for six months, it would take them four years to recover their lost savings. Millennials have already been struggling to save for a home thanks to the fallout of the Great Recession, student-loan debt, and rising housing costs. Visit Business Insider’s homepage for more stories.

Millennials’ path to homeownership just got even bumpier. 

The economic effects of the pandemic, including another recession and mass layoffs, have left many people falling back on their down

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