Millennials can now crowdfund for their future homes—sort of.

Millennials can now crowdfund for their future homes—sort of. Startup eFund is making investing feel like crowdfunding by asking hopeful homeowners to invest a minimum of 1,000 shares at $10 a piece towards building and renovating houses in their area. When the homes are ready, investors can purchase with 10% off the total they would pay through a broker. The Los Angeles eFund exceeds $50 million, and 20 houses are already being built in Hollywood. The startup estimates it could build 250 to 750 homes in the next five years. (Business Insider)