A satirical piece contrasts how past generations bought homes for $12,000–$150,000 with today's million-dollar prices, arguing that blaming younger people's spending habits (avocado toast) ignores skyrocketing housing costs and stagnant wages.
Background
This is a satirical essay about generational wealth and housing unaffordability. The opening paragraphs are a parody of the common "lazy millennials" complaint — the writer mimics that voice, then reveals it with "/s" (internet shorthand for "sarcasm"). The real argument: home prices have vastly outpaced wage growth. The example used: a neighborhood where houses went from ~$200k to ~$1M in 13 years, requiring an income of $250k–$360k/year to afford — far beyond what typical local jobs pay. The "avocado toast" meme, often used to blame young people's spending for their inability to buy homes, is explicitly called out as irrelevant when the gap is this large. The piece ends with a bleak view that the system may need to collapse before it changes.
The article argues that since 2008, policymakers have consistently chosen to prevent prices from falling rather than aligning money with real value, leading to an increasing disconnect between money and economic reality.
The author notes that oil prices have fallen below $70, yet some people still expect inflation to rise significantly, expressing skepticism about that outlook.
The article explores the paradox of financial success paired with persistent anxiety, dissatisfaction, and emotional struggle. It delves into how money alone often fails to address deeper psychological issues related to identity, purpose, and well-being.