Pete Prodoehl 🍕Mar 3
Hey kids, in the olden days you bought (instead of “rented”) software and it came in a box with a disc and it was yours to use forever!
Show threadPete Prodoehl 🍕Mar 3

Well, the “forever” part was tricky because it might break due to OS upgrades or computer architecture/chip changes.

But making a one-time purchase and using software 5 or 10 years was not unheard of.

I think I paid $500 for Photoshop and it came out to under $9 per month if I do the math right… that’s for 10 years of use.

If it’s still $20 per month for a subscription and you do 10 years that’s $2,400.

Show threadPete Prodoehl 🍕Mar 3
Just like how my mortgage is less than tbe rent my (adult) children pay, renting is about never owning and always paying more.
Show threadWesDym

@rasterweb The mortgage/rent comparison is popular, but I think probably faulty, because these are also very different cost/benefit structures. A tenant may pay more per m^2, but they're also not responsible for many things that a homeowner would be. And in nearly all cases, a flat with the same floorspace and amenitites as most private homes would demand much higher rent.

In my mind, the biggest difference is that renters cannot build equity.

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Mar 3 at 2:53pmWeb