You are actually the second person to point this out.
I think that making it 10x the cost by handwaving a machine efficiency of 10% is very reasonable. At a 10% efficiency we are looking at more like $200,000. That is in the territory where a pensioner would not be expected to “just have it” in cash savings, but a remortgage of their home being enough is very reasonable.
That is my post-hoc justification. In the first instance this was a result of me missing a zero.
You are actually the second person to point this out.
I think that making it 10x the cost by handwaving a machine efficiency of 10% is very reasonable. At a 10% efficiency we are looking at more like $200,000. That is in the territory where a pensioner would not be expected to “just have it” in cash savings, but a remortgage of their home being enough is very reasonable.
That is my post-hoc justification. In the first instance this was a result of me missing a zero.