From a Curbed article by Margaret Lin.
Sixty-six million years ago, ancient giant ground sloths consumed avocados whole, traveled long distances, and, ahem, fertilized and dispersed the seed. Today, we still have avocados—and an affordable housing crisis that only seems to be getting worse.
There’s a lot that can happen in 66 million years, but surely the prehistoric giant ground sloths would have never dreamed that these two seemingly separate entities—avocados and real estate—could be as intrinsically tied as they are today. So how did we get here?
One year ago today, Australian millionaire developer Tim Gurner sat down for an interview with 60 Minutes Australia. For context, Gurner hails from Melbourne, the fifth-least-affordable housing market in the world, according to the 14th Annual Demographia International Housing Affordability Survey.
In Melbourne, people pay up to almost 10 times their annual income to purchase a home. And in neighboring Sydney, the second-least-affordable housing market in the world, it’s up to almost 13 times the annual income.
In a world always hungry for clickbaity blanket answers to deeply complicated problems, Gurner produced one of the tastiest sound bites we were blessed with in 2017.
“When I was trying to buy my first home, I wasn’t buying smashed avocados for $19 and four coffees at $4 each,” Gurner said in his interview.
Naturally, the internet had some feelings about this
There’s the kind of receipts you get when you pay for your restaurant bill and the kind that Kim Kardashian had on a certain country-turned-pop artist’s baseless lyric claims.
In this case, folks on the internet took the arithmetic from the former and the thesis from the latter to create some of the best tweet responses to the Australian millionaire’s dubious hot take.
Read the whole article here.
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