Time Magazine started a Twitter field day when it picked up a story about Australian property developer Tim Gurner and his ideas on millennials’ spending habits.
Millionaire to millennials: Stop buying avocado toast if you want to buy a home https://t.co/JVpbiLrvv5?ncid=edlinkushpmg00000313
— TIME (@TIME) May 15, 2017
The 35-year-old millionaire went on Australia’s “60 Minutes” to explain the reason he thinks young millennials are less likely to buy homes. One of those reasons is avocado toast.
That’s right, he thinks young people spend too much money on fancy brunches that include smashed avocados and expensive coffees. He could’ve rather attributed the problem to the student loan crisis or the global recession.
“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” Gurner said on the show. “We’re at a point now where the expectations of younger people are very, very high.”
Gurner does have a point, in that all those $30 brunches could eventually add up over the years to help contribute to a $200,000 investment. He does, however, fail to mention that his grandfather gave him a loan for $34,000 to start his career.
Twitter isn’t so happy about the slam to avocado toast.
I was gonna put a down payment on a house last year but then I spent $44,000 on avocado toast https://t.co/SvSEisua71?ncid=edlinkushpmg00000313
— Jennifer Albright (@albrightjc) May 15, 2017
"Stop buying avocado toast" is 2017's "let them eat cake" https://t.co/MFJtcAj11Y?ncid=edlinkushpmg00000313
— Kelsey D. Atherton (@AthertonKD) May 15, 2017
Not to be dramatic but avocado toast is a religious experience
— sam (@samkb_) May 11, 2017
How the hell did avocado toast become the enemy so quickly... geez
— ChrisBrinton (@cjbrinton) May 15, 2017
Millennials who want to be homeowners should STOP buying avocados and START receiving $34,000 from their grandfather to start their careers pic.twitter.com/q2KXNhE9T1
— Max Tani (@maxwelltani) May 15, 2017
I need to get some lunch. Should I have avocado toast or travel back in time to when the US economy had plenty of jobs & affordable housing?
— Johnny McNulty (@JohnnyMcNulty) May 15, 2017
As someone who spends $2000 a month on avocado toast, this article hit home https://t.co/FyQKWIbU9Y?ncid=edlinkushpmg00000313
— Nate Scott (@aNateScott) May 15, 2017
May: Millionaire to millennials: Stop buying avocado toast if you want to buy a home
August: Why Did Millennials Let Big Avocado Fail?
— Rogue Dan Staffer (@dansterlace) May 15, 2017
iPhone + avocado toast = health insurance + a house
$649 + $12.95 = health ins + house
$661.95 = health ins + house
where do I sign up
— Amanda Katz (@katzish) May 15, 2017
Just so I’m clear on the stupid conversation we’re having, I’m supposed to choose between avocado toast and healthcare?
— Mikey Neumann (@mikeyface) May 15, 2017
Where are these $7 houses I would love to buy one https://t.co/tGszKOCrW2?ncid=edlinkushpmg00000313
— eve peyser (@evepeyser) May 15, 2017
Down with avocado toast
Up with avocado stoat pic.twitter.com/aam05ZFbPd
— Nick Baumann (@NickBaumann) May 15, 2017
Not everyone is disrepecting avocado toast these days. Take, for example, the Australians who actually offered a free year of the delicious superfood for buying a home.