They may have graduated during the Great Recession with poor job prospects and outrageous student loans, but that doesn't matter. There's one explanation for why millennials have been slow to buy homes: avocado toast. At least that's what Australian millionaire and property mogul Tim Gurner told his country's 60 Minutes, in comments that are being widely mocked around the internet.
"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.
Now, avocado toast has come to mean many things. For some people, the trendy-in-2014 brunch staple is ambrosia, the food of the gods. It inspires rhapsodic recipes, and slide shows of what avocado toast looks like around the world (Answer: Like avocado, on toast). To other people, avocado toast is everything that is wrong with our Instagram-obsessed society, and according to one BuzzFeed writer, it "tastes like butt". It usually costs less than $19, but considering it takes next-to-no skill to make, it could be considered an affordable luxury - like any other brunch item.
It's true that the price of avocados is rising quickly. But regardless of which side of the great avocado toast divide you fall on, we should all be able to agree on one thing: Gurner's hot take on both food and finances is garbage.