Report: It’s Baby Boomers, Not Avocado Toast, Keeping Millennials From Homeownership

Though a lot of (older) fingers point toward millennials to scold them for everything from buying avocado toast to not knowing the soundtracks of antiquated ‘80s movies, a recent report casts blame elsewhere for a big grievance among millennials: homeownership, or lack thereof. The controversy surrounding the low rate of millennial homeownership hit a peak when 35-year-old Australian millionaire Tim Gurner said it was the generation’s love of avocado that was keeping them from owning real estate. “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 in May.


Source: Philly Voice

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