In a viral TikTok, the young man was stopped while driving his six-figure G-wagon into the University of New South Wales.

He explained he was an international university student. When asked what financial advice he’d pass on to anyone who was hoping to become as “rich” as him, he didn’t pause before answering.

“Buy more houses; it is a good idea,” he advised.

In Australia, the median house price is over $900,000, and the median salary across all age groups is hovering around $90,000.

To break it down further though, according to Finder the average Gen Zer is only earning around $50,000.

The cash rate is currently at 4.10 per cent, and wage growth in Australia for 2023 is only at 3.6 per cent.

In short, it isn’t an easy time to buy a home and young people aren’t the ones earning the big bucks.

Naturally this meant that the whole “buy houses” advice didn’t feel very relatable for young people.

Young Aussies took to the comment section in droves to call out the advice and point out that, for most young people, that advice was irrelevant and unhelpful.

“I would buy a house if I could, mate,” one replied.

Another shared that when they were a university student they couldn’t afford to buy lunch out, let alone treat themselves to entering the property market.

One person expressed their frustrations sarcastically and wrote, “Why didn’t I think of that?”

Another commenter joked that the student’s advice was “informative” and they now had all the information to get “rich suddenly.”

Someone else shared that they didn’t even think they had a “chance” of buying a house and explained that was the reality for most Australians.

Another declared that financial advice could only be considered helpful if you had “millionaire” parents and come from money.

Someone else said they were still pondering if they could afford extra sauces at restaurants, let alone considering buying a house.

“Buy more houses …. I even think twice for putting extra $2 for my guacamole,” they shared.

“We have no hope,” another raged.

Financial expert Julian Finch said that the advice is “fairly basic” and ultimately isn’t suitable for everyone.

However, Mr Finch argued that isn’t a suggestion Aussies should dismiss.

“I do suggest that it is not a bad goal to stick on your notepad and at least start working towards,” he said.

Mr Finch said that there are still plenty of ways to get into the property market but you need to have the right tools.

“Good property investment requires insights, data and an understanding of where the best growth and yields can be achieved,” he advised.

Mr Finish explained that while there’s always a generational battle over who had it harder to crack the housing market, he believes it has always been tough but that doesn’t mean Gen Z should give up.

“Nothing worth doing is easy,” he argued.

Mr Finch acknowledged that it has never been a more popular time for young people to borrow from the bank of mum and dad, but he also explained that inherited wealth isn’t the only way to get ahead.

“If you are lucky enough to have a family that can support you in your home-buying journey, you should absolutely take advantage of it. If you don’t have this luxury, you can still buy a home.”

Mr Finch said getting onto the property market without family wealth often involves broadening your search.

“It might not be located in the Eastern Suburbs of Sydney or St Kilda in Melbourne, but you can still get your foot on the property ladder,” he said.

“The sooner you do it, the closer you will be to achieving the G-Wagon and the ultimate dream home.”