Oi millennials, stop buying avocado toast and you can afford a house
Public service announcement: buying smashed avocado on toast is the one thing standing in your way of owning your own property one day.
Sounds unbelievable, right? Well that's probably because that statement is from an interview with a slightly misguided millionaire who thinks brunch is the root of all financial evil.
Australian millionaire Tim Gurner was on 60 Minutes in Australia , and had some choice comments about the millennial housing crisis.
Tim Gurner believes our housing crisis will be resolved when young Aussies inherit the 'incredible wealth' from the Baby Boomers. #60Mins pic.twitter.com/iET9sus8qW
— 60 Minutes Australia (@60Mins) May 15, 2017
The real estate mogul was asked if he felt that millennials may never get on the property ladder, to which her replied:
'Absolutely, when you’re spending $40 a day on smashed avocados and coffees and not working. Of course.”
'When I was trying to buy my first home, I wasn't buying smashed avocado for $19 and four coffees at $4 each.'
'We’re at a point now where the expectations of younger people are very, very high,' he continued.
Twitter has been responding to Tim's oddly specific millennial complaint.
i buy avocado toast once a week and now i'm homeless and $45k in debt please help me tim gurner
— Matt Waiters (@mjs2430) May 15, 2017
'Wonder how much smashed avo on toast 34k from a relative would buy…' said one.
It is undeniably tough to get on the property ladder these days, and there are many factors that contribute to this.
Tim may have had a point that saving small increments eventually adds up to a nice, mortgage-friendly nest egg, but don't go blaming the culinary delight that is smashed avo on toast.
