An Australian real estate mogul had some choice words about why millennials can’t afford buying a home. While speaking with Australia’s “60 Minutes” on Monday, Tim Gurner singled out avocado toast as one of the culprits.
“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” he said. “We’re at a point now where the expectations of younger people are very, very high. They want to eat out every day; they want travel to Europe every year.”