> What matters at the end of the day are the irrecoverable costs. No, what matters at the end of the day are overall costs vs. overall benefits. Many of both a

> What matters at the end of the day are the irrecoverable costs. No, what matters at the end of the day are overall costs vs. overall benefits. Many of both are not monetary, so any analysis that only takes monetary costs into account is obviously not going to be a complete or valid analysis. And different people will evaluate the non-monetary costs and benefits differently: for example, some people value the freedom and independence that comes with ownership of the place you live in much more than others. > unless one is absolutely sure that one can stay in the home for close to ~7 years Many people live in the same home for much longer than that.