Totally agree. The more time passes, the more I realize that I want to own what I have. I've grown more selective about what I purchase in general and I've become more minimalistic; but if I want to have it at all, then I want it to be mine free and clear. Especially when it comes to tools, land, and personal items. I want Good Quality and paid for with cash.

I tend to use things until they completely wear out, and I get really good life out of them. This makes them very cheap compared to the usage pattern of upgrading all of the time. Renting would be very expensive lifestyle; and my usage pattern is more environmentally friendly to boot.