On Tue, 11 Jun 2013 16:51:53 -0400, Walter Bright
<[email protected]> wrote:
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.
Define financially better off :)
And this is not even a fair conversation, because there are so many
variables to consider.
-Steve