Ok, I've highlighted the excesses of some people when it comes to their pets, so now I'll give equal time to a positive pet-related story.
I recently found this post that highlights a couple studies saying dog ownership contributes to a person's good health. The details:
Dog ownership appears to have "a positive influence on health," according to a research review in the British Journal of Health Psychology. The author, Dr. Deborah Wells, found that while pet owners were healthier in general, dog owners in particular got more of a boost than other pet owners.
She discovered that dog owners had lower blood pressure and cholesterol, fewer minor physical ailments, and were less likely to have serious medical problems.
Another study of dog ownership and physical activity out of the University of Western Australia found that dog owners were 68% more likely to get the recommended amount of physical activity per week than non-owners. People with dogs racked up about 55 minutes more exercise a week.
So look at it this way:
1. Being healthy is more important than money. Why? Because if you're not taking care of yourself you're in danger of losing your greatest financial asset. And if you really don't take care of yourself, you end up dead -- that's even worse. (For ideas on how to become healthy, check out Your Greatest Asset: You and The Most Cost Effective Ways to Stay in Shape.)
2. Pets can cost a bundle but they can also save you money. And as many people have pointed out, they offer love and affection that you can't put a price tag on (or at least most people can't.)
3. So, maybe having a pet is a good financial deal after all, huh?
I guess in the end I agree with the author of the blog post linked above when he says:
Bottom line: A relationship with a dog can be more than just "healthy" -- it can be deep, life-affirming, even profound. That is, if you want a dog.
If you just want a piece of exercise equipment, then you're probably better off buying a treadmill!
So rentals that don't allow dogs whould be discounted in price?
Posted by: m | September 05, 2007 at 07:18 AM
So rentals that don't allow dogs should be discounted in price?
Posted by: m | September 05, 2007 at 07:18 AM
Rentals that allow dogs are generally higher in price, either through greater rent to absorb the cost of animal destruction or by mandatory "pet deposits," or both.
So, rentals that don't allow dogs ARE at a discounted price.
Posted by: cory | September 05, 2007 at 08:44 AM
So when a home goes on the market, does the buyer get a discount if the seller had pets in the home?
Posted by: Minimum Wage | September 05, 2007 at 08:55 AM
Yes, pet damage and odor severely influences the price sellers are able to get for a house. The same goes for a vehicle's trade-in value. Anything else?
Posted by: cory | September 05, 2007 at 09:30 AM
Hmmm, I love my dog but it was definitely a mistake! They require tons of attention and time. I was extremely active before the dog and probably close to the same now, so that didn't change much. If anything, the dog has become a stress factor. For example, it's a big hassle when I want to travel. Thus, in my case, I think the dog is not only an expense, but maybe even slightly decreasing my health.
Posted by: beef | September 05, 2007 at 09:34 AM
BTW - if you vaccuum frequently and quickly clean up after your dog makes a mistake in the house, no one would ever know you had a dog. My dog is 100+ pounds and I had him from a pup when an accident happened weekly for a while. I'll admit the house isn't as clean as before, but if I am selling I can make it look new again.
This is assuming your dog never chewed through any walls or the wooden stairs.
Posted by: beef | September 05, 2007 at 09:38 AM
Min Wage - In my experience, if the pet causes no damage I've received my full deposit back. On the other hand, my dog did tear up a linoleum floor that was starting to peel and I was charged for that damage. I guess it just depends on how picky the landlord wants to be.
Beef - I agree with you on the cleaning up after pets. The last house I sold I specifically asked the buyers if they could detect any pet odor and they said they did not. We tried to vacuum once a week and shampoo carpets every month or so and that seemed to work.
Posted by: Kevin | September 05, 2007 at 10:22 AM
With chew toys and outside access there shouldn't be any problem, but they do require quite a bit of care that can be difficult while working and traveling.
Posted by: Lord | September 05, 2007 at 08:17 PM
Oh, okay, that's cool. In my experience, I've seen a strong trend toward nonrefundable pet deposits, which obviously, you never get back. This could be a local or regional thing though.
Posted by: Minimum Wage | September 06, 2007 at 01:16 AM
If you are a dog lover, you can't put a price on the satisfaction you get from your best buddy. I like my dog more than most people I've met and, while I can't discuss the finer points of Schopenhauer's philosophy with my dog (or with my wife, for that matter), we fulfill each other's most important needs. There's a reason dogs are called man's best friend. In general, they really are.
Posted by: Todd | September 06, 2007 at 12:49 PM