Thursday 1 June 2017

The avocado toast index: How many breakfasts to buy a house?

The avocado toast index: How many breakfasts to buy a house?

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.
Read more: http://www.bbc.com/capital/story/20170530-the-avocado-toast-index-how-many-breakfasts-to-buy-a-house?source=Snapzu

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