Norm Smith Medallist
- Apr 8, 2006
- AFL Club
- North Melbourne
- Other Teams
- Chelsea FC
This is true. Everyone piled in on borrowing and those that didn't get in are left behind.Although I tend to agree in principle, I wonder the borrow power of someone on $523 vs $1634 is.. I wonder if that’s the exponential difference.
But look here now. They want us at the same time to buy houses with a massive mortgage and also spend on coffee etc to keep the economy going.
It can't be done. People are getting squeezed and eventually it's unsustainable.
The person running the coffee shop isn't selling coffees and can't pay the mortgage.