05-17-2015, 07:21 PM
We bought my parents' place when they moved into a retirement home about a decade ago. I have no idea how old the gas water heater was at that time but it's still going strong. We have a water softener and I do keep the salt replenished. But I've never serviced the water heater or even drained it of sediment as we're supposed to do. A decade's worth of rental at $20/month would have been $2,400. That's enough to replace two or three water heaters. As I understand it the typical rental fee is now more like $30/month. The buy vs. rent decision for us is a no-brainer.

