To be in a very good or pleasant situation. I'd be laughing if I had a house in this beautiful neighborhood!
If you say that if something happens or is true you will be laughing, you mean that you will be very pleased or that you will be successful. If we can get another £5,000, we'll be laughing. If jazz worldwide had the sort of money which is spent on just one opera house, we'd be laughing.
be laughingbe in a fortunate or comfortable situation. informal
2000 Ian Pattison A Stranger Here Myself I spotted a card in the window of a Lyons Tearoom. Dishwashers Wanted. No Exp. Nec . ‘That's it,’ I said to Cotter, ‘we're laughing.’