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Old 22-09-2017, 10:40 PM   #353
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Join Date: Dec 2013
Location: Western sydney
Posts: 8,368
Default Re: Australia housing bubble

Quote:
Originally Posted by PG2 View Post
I read somewhere recently that for every cup of coffee you buy from a cafe it adds another 16 minutes onto your mortgage.
I just had a thought. If no one buys a coffee then don't the people in coffee shops not have a job then have an even harder time trying to even afford accommodation let alone buy a house? The consumer economy is pretty complicated. If everyone was a thinker and there are no people to do the labour then how does anything get done? We can't all be in finance. My job involves both thinking and getting it done. Some people relegate themselves to being told what to do, and others get into positions to tell people what to do. I'm buying the boys coffees tomorrow when I rock up to work. It's probably going to put an hour onto my mortgage but it will be motorvation for the boys.
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