On 6/11/2013 1:18 PM, Adam D. Ruppe wrote:
On Tuesday, 11 June 2013 at 19:38:13 UTC, Steven Schveighoffer wrote:
I have to laugh at this. "Solar is *almost* free money *if* you can wait 20
years"
A 20 year payback time is no big deal to me, the house won't pay for itself
compared to renting for a similar timeframe either, but I see it is very worth
it.
Rents have lagged significantly behind the cost of buying for some time, now
(because people buy homes for speculating on real estate price increases). This
means you are financially better off renting.
Owning a home has lots of nice advantages, but saving money isn't reliably one
of them.
