, Columnist
Less Brunch Won't Fix Aussie Housing
Mourn the demise of owner-occupiers, not the cost of a flat white.
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To judge by the local debate, younger Australians' struggles to get on the housing ladder would vanish if they'd only buy fewer flat whites.
A deposit on a home might be more affordable if millennials weren't so willing to spend A$22 ($17) on smashed avocado on toast at hipster cafes, demographer Bernard Salt wrote in the Australian newspaper Saturday. It's a complaint often echoed by Stephen Koukoulas, economic adviser to former Prime Minister Julia Gillard: