3 ms·
You're right about the cost to acquire, the resources to hold (in space, which translates to cost via rent, mortgage payments or land tax), but you miss the cos
by endgame 9y ago
You're right about the cost to acquire, the resources to hold (in space, which translates to cost via rent, mortgage payments or land tax), but you miss the cost to dispose of it (mostly emotional costs, but paying to recycle heavy metals properly is going to cost money).
Interestingly, acquisition is often pleasurable, disposal is a relief but the actual day-to-day owning is the painful bit that weighs on you.
- digi_owl 9y agoWe humans seems to be wired to be loss averse. When tested we will pick a lower payout even if the chance of a loss is incredibly remote.