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Well, if you're going to provoke me, I'll point out additionally that a lot of house buying is pure conspicious consumption.

The other reason we're relaxed is that neither the house we're buying nor the one we're selling are putting a huge load on our finances. By spending a sensible amount on our home, which is a form of consumption, we can afford to invest a reasonable slice of our income.

If we'd gone for the €750,000 house in a fashionable part of town rather than the much cheaper one in  a respectable part of town we couldn't afford to invest or save anything. Or eat.

by Colman (colman at eurotrib.com) on Mon Mar 26th, 2007 at 06:42:51 AM EST
[ Parent ]
Who needs to eat when your toilet seats are gold-plated?

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Mon Mar 26th, 2007 at 06:44:56 AM EST
[ Parent ]
You're right. You wouldn't want to use the toilet seats - you might wear them out.
by Colman (colman at eurotrib.com) on Mon Mar 26th, 2007 at 06:45:37 AM EST
[ Parent ]

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