Today the Evening Standard published an article saying millennial couples could save the average London house deposit in just five years – if they stopped buying so many sandwiches.
The calculations came from agents Strutt & Parker, which said that by giving up six "luxuries" – including phone upgrades and mini-breaks – millennials could get themselves on the property ladder.
The agents also assumed that millennials would only need to save two-thirds of the average £94,000 deposit – suggesting that their parents will gift them a hefty 30 grand towards a house.
Needless to say, millennials weren't impressed...
According to the article, "preparing lunch at home rather than buying sandwiches or salads saves £2,576 on average" – which appears to assume that (after deducting holidays and weekends) the average person must be spending £11 a day on sandwiches.
Cutting out takeaways can apparently "knock £2,640 off household spending" – assuming that most people only order one takeaway a week – that means they're spending more than £50 each time.
The estate agents also claimed you could also save £6,000 in a year by cutting out one night out with friends a week – if you're the type of person who regularly spends £115 on a night out.
There were a lot of people who had issues with the maths...
It appears that sandwiches are to British millennials what avocado toast is to our Australian counterparts.
BuzzFeed has approached Strutt & Parker to ask it how it did the maths.
Hannah Al-Othman is a reporter for BuzzFeed News and is based in London.
Contact Hannah Al-Othman at email@example.com.
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