![]() It turned into a a day goes by without President Donald Trump tweeting. His comment was upheld as the new flagship example of out-of-touch wealthy people blaming other people for their problems. Housing affordability and student loan debt are the main reasons young people don't buy homes. Avocado toast, in fact, costs less than a house. They want to eat out every day, they want travel to Europe every year." "We’re at a point now where the expectations of younger people are very, very high. "When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each," Tim Gurner told "60 Minutes" in May. At least that's according to Australian real estate millionaire Tim Gurner, who is worth $460 million and started his career with tens of thousands of dollars in loans from his parents and boss. Young people aren't buying houses, because they're spending their money on superfluous things like traveling and avocado toast. Why buy avocados when you can get a house? A New York City pizza festival that went wrong in September, for example, was called "The Fyre Festival of NYC food events." But right now, its legacy is being the pinnacle of bad festivals. The Fyre Festival is set to happen again next year. Now, they're facing several lawsuits for more than $100 million and an FBI investigation. "Let's just do it and be legends, man," as one organizer reportedly said, was a slogan of their hubris. Later, leaked emails showed that the festival's organizers, which somehow included Ja Rule, apparently knew the event was doomed to begin with. Instead, it was compared to "Lord of the Flies."Īs news and photos of the festival were uploaded online - with what looked like sad sandwiches instead of gourmet meals and floppy tents instead of luxurious cabins - Twitter had a field day mocking people who spent thousands of dollars on tickets and calling out the celebrities who endorsed the event. It was supposed to be an upscale Coachella on a Caribbean island. What Fyre Festival was supposed to look like, according to an advertisement.Īpril's Fyre Festival was an unmitigated disaster. Account icon An icon in the shape of a person's head and shoulders.
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