Home ownership is all about self-sacrifice and priorities. No more avocado toast for you, millennials. Stick with beer and weed like the rest of us non-millennials had to do.
http://www.bbc.com/capital/story/201705 ... uy-a-housebbc.com wrote:If you’re under 35, you’re a millennial. Recent culinary trends suggest that, while reading this, you might have an overpriced latte in one hand, and a fancy piece of toast smothered with avocadoes in the other. And some suggest that you’d rather waste your money on an Instagrammable breakfast than make sensible investments like buying a house.
Well, so says conventional grumpy wisdom, most recently articulated by Australian tycoon Tim Gurner, who made international headlines this month for blasting young home buyers for their spending habits.
The 35-year-old property developer told the Australian edition of 60 Minutes that when he was saving for his first home, he “wasn't buying smashed avocado for $19 and four coffees at $4 each”.