Yesterday, 35-year-old Australian millionaire and tycoon Tim Gurner appeared on 60 Minutes to give advice on how to own property at a young age. The interview quickly devolved into a precious ego display, and the recipients of his scorn were two usual suspects: millennials and avocado toast. “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 on the program.
It was an easily-mockable quote, and Gurner was pilloried widely for it, critiques swallowing my Twitter feed for a good portion of my afternoon. Numerous outlets have fact-checked his claims rather rigorously, quashing the particular fiction that he’s peddling. They’ve all reached the same conclusion: No matter how much avocado toast you consume, that spending still won’t amount to the cost of a literal house.
If there’s half a point buried in Gurner’s quip somewhere—that restaurant prices for this dish have become a bit too high to justify—his ire is misplaced, making lazy, sweeping claims about a generation's spending habits. He punches down at a generation who's become a rather easy target of derision. But I'll entertain his claims for a second: Making your own avocado toast isn’t expensive, regardless of rapidly-metastasizing avocado prices (they go for $2 a piece at my nearby grocery store, which I don't love). All you need to do:
See? It’s easy. And it won't set you back a ton of money.
So eat all the avocado toast you want. It's very good. And I'm sure you’ll have enough leftover funds to buy a house. Take that, Timothy.