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Gurner told the Australian news show 60 Minutes. They want to eat out every day, they want to travel to Europe every year. The people that own homes today worked very, very hard for it, saved every dollar, did everything they could to get up the property investment ladder. Millennial spending habits have been analyzed from all angles and according to Goldman Sachs researcher Lindsay Drucker, young people place value over convenience and prefer experiences over big-ticket items like homes and cars.

Avocado prices around the world have soared over the last year as the super-fruit gains popularity for its health benefits. Fortune recently reported that prices will likely remain high throughout summer 2017 due to high demand and low domestic production. Gurner isn’t the only Australian critic of young people who choose to spend a lot on avocados. Money may receive compensation for some links to products and services on this website.

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