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Fortune
Fortune
Emma Burleigh

1 in 3 Gen Z and millennials are stuck in their parents' home—now, Airbnb is swooping in with a $250 million fund for affordable rental homes

Gen Zer living with her mother, sitting on porch (Credit: MoMo Productions / Getty Images)

The American Dream of graduating college, landing a six-figure job, and moving into a white picket-fenced home is slipping out of reach. More Gen Zers and millennials are stuck living with their families than ever—so now Airbnb is investing a quarter of a billion dollars to help turn the tide.

Airbnb recently announced an initial $250 million investment to help build more affordable rental homes in the U.S. and abroad.

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