This is two songs in one really, or at least two stories.
The first story is conveyed in the verses about throwing objects onto the fire and watching them burn. It's meant to represent how you can burn things and just the pure destruction of them can make you feel warm, just to see what was once there burn away. Of course for him that doesn't matter because he had "Nothing to to throw away" anyway.
The second story is about her, and how she's always going to be the third wheel. She either doesn't want to or is determined to always be there, but not the be the most important thing to him. To always sit on the sidelines, but never make an action to be with him.
Also, I think it's meant to be "Looking down on the fire place" not the "third place", but it may just be the accent. It makes more sense to me as "fire place", since it strikes up this imagery of someone intensely watching the fire, thinking about how they'll never be what they want to be.
This is two songs in one really, or at least two stories. The first story is conveyed in the verses about throwing objects onto the fire and watching them burn. It's meant to represent how you can burn things and just the pure destruction of them can make you feel warm, just to see what was once there burn away. Of course for him that doesn't matter because he had "Nothing to to throw away" anyway. The second story is about her, and how she's always going to be the third wheel. She either doesn't want to or is determined to always be there, but not the be the most important thing to him. To always sit on the sidelines, but never make an action to be with him. Also, I think it's meant to be "Looking down on the fire place" not the "third place", but it may just be the accent. It makes more sense to me as "fire place", since it strikes up this imagery of someone intensely watching the fire, thinking about how they'll never be what they want to be.