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I see mostly colleagues who rack up big bar bills complaining about how unaffordable apartments are instead of saving their money.
by fleitz 11y ago
I see mostly colleagues who rack up big bar bills complaining about how unaffordable apartments are instead of saving their money.
- guard-of-terra 11y agoSaving all your money to buy a home instead of spending is losers' game. It deprives service economy of cash, bumps home prices even more and makes everybody unhappy. So no, it's not a sound societal advice. This is problem of supply versus demand, which can be solved by either more supply or redirected demand. And maybe by removing bad money from the economy.
- beambot 11y agoYeah! Get out there and drink more instead of saving and living within your means.
- guard-of-terra 11y agoI did not say that. You did.
- jschwartzi 11y agoWhat do you do when something doesn't go according to plan and you have to stop into your savings?
- jschwartzi 11y agoWhat do you do when something doesn't go according to plan and you have to dip into your savings?
- rmc 11y agoYeah the reason people can't afford rent in London is due to expensive booze.
- stegosaurus 11y agoI see your words. Let's do some math. Please explain to me, using a worked example, how a person earning 30,000 GBP pretax (triple minimum wage) can buy an apartment that costs 200,000 GBP (cheapest I can find anywhere apart from under Heathrow Airport). For extra credit, work out the additional time taken for the purchase if the person buys 500 pints per year at a cost of 5 GBP per pint.