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Originally posted by Bryan78:
To answer Pav... Yeah if Jeff is only paying $200 bucks a year for his lease then yeah it isn't such a bad investment cause he has only paid $3400 over 17 years so it works out pretty good and he is getting it cheap... But now if he was paying $2000 a year, then I would say that is not a good investment at all... 17 years and he could have bought or at least put a nice down payment on some...
The part you are not considering is the 17 years itself. Something triggered Jeff's desire to lease 17 years ago. If he doesn't lease, where is Jeff going to hunt during that timeframe? What kind of experience is that going to provide? At the end of 17 years, he might have a down payment...but now he gets to spend alot more than $2,000/year until the property is paid for....and then keep paying taxes and insurance after it is paid for.

Don't get me wrong, I still haven't talked myself out of buying. But there is no question that I could lease for the rest of my life and come out money ahead versus buying. Yes, that money is gone and doesn't end up as part of my estate when I die....but I can't take it with me either way.

There are none so blind as those who will not see.