Pretty much. All in all they’ve been a very poor investment for home owners in America. At best you break even after ~20 years if they’re even still functional.
Could change as tech improves but as of today they are pointless for most people.
Could change as tech improves but as of today they are pointless for most people.
This is misinformation.
I searched on google, bing and Yandex and all the results I found implied that breakeven would occur substantially before 20 years. The lowest breakeven time figure I found quoted was 5 years. The usual quoted breakeven ranges were, I'd say, 6-12.