zbang
Senior Member
- Location
- Roughly 5346 miles from Earls Court
One of the reasons why property insurance policies are often for replacement value, not a set amount.Constructing a new home has almost always been more expensive than buying an existing home.
[list omitted]There are so many things needlessly driving up prices and other costs. I live in California so my list may not apply to you
I shouldn't have to say this, but there's a large difference in the prices/costs of new construction vs replacement, and the replacement cost recovery varies a lot with location. Still have that 1970's freezer? (see below)
There are also indirect effects of what you buy and use, like, say, cleaner air (I remember the 70's, often when you couldn't see Mt Wilson at all from Colorado Blvd)) or less need for new electric transmission lines. As the old man would say "'tain't all about you."
And if we're going to talk about older appliances, at least read the abstract which I've partially quoted-
Impact of aging on the energy efficiency of household refrigerating appliances
The parameters required to calculate the energy efficiency of household refrigerating appliances (i.e. refrigerators, freezers and their combinations)…
Eleven new appliances are examined under standard measurement conditions. After just two years of operation, an additional energy consumption of up to 11% is determined. Furthermore, 21 older appliances that had previously been measured in new condition are tested again after up to 21 years of operation. For these older appliances, an average increase of energy consumption of 28% is found. For individual appliances, the maximum increase is 36%. An aging model is developed on the basis of these measurement results, which may help to predict the aging-related increase of energy consumption of household refrigerating appliances. This model shows an average increase in energy consumption of 27% for an appliance age of 16 years.