Re:My First Piano: A Story of Hurt, Healing and Joy
by djtango on Thursday November 03, 2022 @07:42AM
(#33449592)
Fair enough. I agree that there is definitely more to just the economics of owning a piano. Times have changed but I do quite like the idea of passing down a piano too.
I also can accept your reasoning and definitely agree re. time value of money (and the value of optionality) but I was surprised actually see the numbers play out the way they did.
As for me, the much bigger problem is finding a place big enough to house a bloody grand piano!
I’m pretty comfortable in my belief here. Certainly the immediate winner is the DP, and you may not stick with it long enough, or even live long enough, to win the long term bet you are making here.
Back to my original point — I’m not saying the acoustic isn’t worth it, simply that you should not analyze it from a purely economic point of view, because it is a losing argument from that perspective.