Whichever way you slice it up there's heaps more expenses than meets the eye and than you can ever claim back.
If you buy a new property you would have to pay more for it initially anyway - so you're paying it in the purchase price, the extra stamp duty, by servicing a bigger debt ..etc.. compared to an older property.
Also consider this .. the longer you postpone replacement (say carpets etc..) the higher will be the eventual replacement cost .. if you replace the $5000 carpets after 20 years ,, you will probably pay $15,000 for them.
