txflyer
En-Route
- Joined
- May 3, 2013
- Messages
- 4,509
- Location
- Wild Blue Yonder
- Display Name
Display name:
Fly it like you STOL it ♦
Whatever the cause, I have found that hangars are unimaginably expensive.
I kinda agree there and also what is killing hangar ownership in my mind are all the 'fluff' costs I call them.
Aside from the monumental construction cost you mention, you then have water, electric, sewer, gas, cable, insurance, maintenance, and land lease rent due if you build on a municipal. The kicker is nowadays just the utilities run into too much money and make the 'rent' to you monthly too much. Water has become a major bill whereas just a few years ago it was practically nothing. Electric we all know about. Use it and pay. Sewer is getting ridiculous. Insurance is a hundred or two a month. All these 'fluff' bills kill the pay out to decades.
I've beat myself up silly about it wanting to build a hangar but no matter how I try to cut it on paper it's cheaper to rent by a country mile. Pay and walk away. The brothers I rent from ***** about what an albatross the building is for them to own. It doesn't make them rich.
Last edited: