alt Hacker Newsi don’t think this changes much. ownership is most common for the middle class. which makes perfect sense.
- if you’re rich you don’t need to own a boat, you can spend more per day to rent if you want to use one.
- the cost optimization of owning makes each day using it cheaper, even if it takes more time or space to store it. so those with less money that want to use a boat will buy it
for example renting a boat all day for use on lake tahoe might run you $2,000 to rent. it might cost you $300 in gas if you own the boat. you can tell yourself youre a boat owner now and get 10 days on the lake each year for $3,000 instead of $20,000
> if you’re rich you don’t need to own a boat, you can spend more per day to rent if you want to use one.
There's a bit by Bill Burr where he says something like "you don't want to be the guy that 'owns the boat' (too much upkeep). You want to be the friend of the guy that owns the boat (you supply a case of beer every time you go out and your friend supplies the boat)."