The Oil Drum: Australia/New Zealand | The Impact Of Rising Oil Prices On Sydney Suburbs

68 comments on The Impact Of Rising Oil Prices On Sydney Suburbs

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Kiashu on May 11, 2008 - 11:11pm

I am always grumpy about the whinging wealthy. To be greedy is bad enough, to be greedy and whinging about it is even worse.

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Big Gav on May 12, 2008 - 6:15am

I think wealthy may be overstating it - just "aspirational" types who think a flashy car is a sign of success.

I wonder if a souped up V8 will become even more of a status symbol as fuel prices move it out of range of the average bogan, or if something else will take its place that the average hoon can afford ?

(Disclaimer: I actually drive a Commodore but it has no spoilers or any other enhancements - and its done less than 60,000 kms in over 6 years, even with a couple of trips to the snow each year and the occasional jaunt up to Byron Bay).

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SailDog on May 12, 2008 - 9:19pm

How long will GM manufacture V8's? Indeed, how long will GM manufacture anything? My guess is that if Toyota is smarting that GM's accounts are awash in red ink.

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Kiashu on May 12, 2008 - 9:35pm

If you can spend $30,000 each on four cars, and drive them every day separately to the same workplace - they all go "in the morning", so their shifts can't be that far apart - and at the same time have a mortgage, then you are by all sane standards "wealthy".

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