5 tips for millennials who want to buy a house
Australian millionaire Tim Gurner offered some controversial advice to millennials struggling to save for a home: Give up your avocado toast. Gurner, a 35-year-old real estate mogul from Melbourne, said on the Australian show “60 Minutes” that he wasn’t splurging that way when he was younger and trying to save for a house. “When I was buying my first home, I wasn’t buying smashed avocado for 19 bucks and four coffees at $4 each,” he said on the program. He also said young people should lower their expectations for travel and lifestyle in general. “The expectations of younger people are very, very high,” he said. “They want to eat out every day, they want travel to Europe every year.”