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Millionaire Thinks We Can’t Afford Houses Because We Eat Too Much Avo Toast

Australian millionaire Tim Gurner has some silly ideas about how Millennials are spending money.

He apparently thinks all we’re doing is blowing our cash on avocado toasts…and that those avocado toasts are costing us hundreds of thousands of dollars.

Gurner, who works in real estate, told Australia’s “60 Minutes,”

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. They want to eat out every day, they want travel to Europe every year.

The people that own homes today worked very, very hard for it [and] saved every dollar, did everything they could to get up the property investment ladder.

(“Smash” is the Australian version of “avocado toast.”)

There’s a lot to digest here.


First of all, apparently the secret to all our entire generation’s financial problems is just to stop buying ridiculously overpriced avocado toasts.

Who knew!

I mean, it’s not like our generation is struggling because of an economic recession linked to a housing bubble, not to mention stagnant wages, increased costs of living and crippling student debt.

No, no. Our problem is too many avo toasts.

Sure, avocado prices are increasing. And sure, we probably make too many “guac is extra” memes. And, OK, maybe we buy one too many Unicorn Frappuccinos every so often.

But condescending generalizations are generally bad.


As if to piss us off even further, Gurner brought the Kardashians into his ridiculous argument.

“This generation is watching the Kardashians and thinking that’s normal — thinking owning a Bentley is normal,” he said.

Honestly, bro, did you even listen to Lorde? We’re not that freaking delusional. We actually understand that owning a Bentley is not normal, believe it or not.


Naturally, the internet had some fun with Gurner’s remarks.








Obviously budgeting is a good thing, but to say Millennials can’t afford houses because we’re busy buying avocado toasts is just laughable.

It also completely erases the experience of the people in our generation for whom fancy avocado toasts would be a serious luxury splurge.

And also obviously, Gurner was referring to more than just avocado toast — he was talking about more general unhealthy spending habits. But it was a condescending generalization to make.

Weirdly, Gurner isn’t the only Australian to say avocados are the problem.

Back in October 2016, columnist Bernard Salt made the same argument, saying he’s “seen young people order smashed avocado with crumbled feta on five-grain toasted bread at $22 a pop and more.”

Which honestly makes one wonder: What in the hell is going on in Australia with avocado toast prices?

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Alexandra Svokos

Editor

Alexandra is the Senior News Editor at Elite Daily. She previously worked at HuffPost and has been published in Vox, Glamour, Refinery 29, Mic, Cosmopolitan and Quartz. Find her on Twitter / FB @asvokos and at tinyletter.com/asvokos
Alexandra is the Senior News Editor at Elite Daily. She previously worked at HuffPost and has been published in Vox, Glamour, Refinery 29, Mic, Cosmopolitan and Quartz. Find her on Twitter / FB @asvokos and at tinyletter.com/asvokos

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