The overwhelming majority of people will not give up avocado on toast in order to get on the housing ladder.
In total, 87% out of 2,000 surveyed will not give up the luxury – even though one in three regard home ownership as one of life’s top priorities.
Rather than giving up their favourite luxury, more would be prepared to sacrifice nights out (35%), annual holidays (35%) and takeaways (30%) in order to try and raise a deposit.
Avocados and property were first mentioned in the same breath when Australian property tycoon Tim Gurner urged millennials to stop buying avocados on toast and expensive coffees in order to save for a deposit.
Strutt & Parker then came up with a list of six luxuries which if sacrificed could save a couple £33,378 over five years.
Strutt & Parker suggested that would-be house buyers stop buying expensive coffees and make their own sandwiches rather than buy them.
However, it had to withdraw its advice after a furious backlash from those objecting to the inference that they belong to the ‘snowflake’ generation.
Housing journalist Peter Apps described the advice as “economically illiterate”.
Apps said: “Don’t blame the sandwiches: blame the agents.”
One critic wrote: “Another great idea on top of giving up your social life etc would be to give up renting a flat and live on the streets instead. You could save up in no time.”
It would seem from the new survey, by Bellway Homes, that attitudes have not changed since Strutt & Parker’s advice last November.
The new survey also reveals that over half (54%) have no one to help them with a deposit.