So going back to work post mat leave with childcare and travel at £1400 taking a massive chunk of my salary I have far less disposable income. I used to spend freely and indulge in the morning latte and almond croissant, but don't feel I have that luxury any more with trying to save for a house deposit. I can't walk for more than a minute without passing a Starbucks / Nero / Costa / Pret etc not to mention all the other fancy lunch places in the city of London and I wonder how the people working there actually live. They don't all look like students working part time jobs. How do the hundreds of baristas and sandwich makers in the square mile live? How do they afford childcare and travel costs and where do they live? I'm guessing most of them are on the minimum wage, even tho the big companies probably make a lot of profit (if not necessarily booked in the UK).
If everyone stopped spending their money there how quickly would they shut down? Some people would be out of work, people wouldn't be able to make rent, where would they move to? Everyone says this economy is hopelessly reliant on consumer spending... What would happen if nobody in London bought take-out coffee for a month? Maybe just brought a kettle to work instead, and have a proper cup of tea from a nice china cup and saucer or a favourite mug???
I'm at risk of redundancy again after a company restructure so have stopped most impulse spending (coffee, burritos etc.). Friday morning rant, and probably naive economics...
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To think if everyone stopped buying take out coffee London house prices would fall?
24 replies
Applesauce29 · 14/08/2015 09:06
OP posts:
Howcanitbe ·
14/08/2015 09:38
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nonameatall01 ·
14/08/2015 13:47
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nonameatall01 ·
14/08/2015 15:38
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