No Avocados were harmed in the writing of this blog post.
A couple weeks ago the internet blamed the lack of millennials in the housing market on our frivolous spending habits. We spend our hard earned dollars on avocado toast which can sometimes cost us $15+, and that’s the reason we can’t afford to buy a home. While $15 toast might seem like a lot to some, giving up this glutinous breakfast delight isn’t going to magically mean you have enough for a down payment on a home. The boomer generation seems to think millennials are terrible with their money and they waste all of it on avocado toast and lattes… but the truth of the matter is that when they were our age they probably had their own version of the avocado toast! Not to mention that homes were far more affordable. Read more »