Bullshit, an average player can break even with 46k worth of gear if they have a sufficiant buffer for the bad days.I usually keep it around 30-35k to make a steady 8-10k a day and if u sell ur looms u can just ignore ipkeep tbh.
Well as I am a first generation player I have no looms to sell, and honestly I would like to keep mine and better my gear. But I can assure you I steady lose money and I am using 27.090 cost.
Current gear is :
Khergit Guard Helmet, Heraldic Mail, leather gloves, rus cavalry boots, a broad one handed axe, a brown kite shield and a red tassle spear. And I promise you, No bullshit, I lose money. Perhaps its my build but there is very little info on what effects upkeep and how often stuff breaks as far as I can tell. Again I am a new player and this is my first rodeo with Mount & Blade. Like so many others I am learning as I go. But I will admit is frustrating to have to change out of my gear and into my one shotable armor. If thats a game design so be it.. but its a poor on imho.