I agree that it is sad when this is the choice that has to be made, but it's not about convenience. It's about $$$$$$ (which horses take a lot of) and time (which they also take a lot of). I have seen this many times from the other end - the board gets paid every month, the horse gets its feet done, etc, when other horses in the barn get done, but the owner simply hasn't the time to come see it. The horse may be perfectly happy being pastured with his buds, but he isn't being used, his skills are getting rusty, he's getting fat and lazy, and at some point, the owner says, "y'know, I like Ol' Blue, but I'm spending over $6000/year* on something I only see every once in a while. I'm already run off my feet; I'm tired of feeling guilty over this huge drain in my pocket that I get basically nothing from." Should a person only buy a horse when they know beyond a shadow of a doubt that they will be able to keep it for 30+ years? That's a heckuva lotta commitment; most marriages don't last that long.
*This is very, very basic board, pasture trim (no shoes), and shots in my area. It can certainly go a lot higher.
Agreed. One must also assess their long term financial goals - including retirement, regardless of age -- $6000 a year around here wouldn't get you much- that's maybe a field - no riding facility, no stall, maybe a run-in shelter - and (here) your farrier, vet, and anything beyond the space in the pasture (hay, grain) would be on you to buy.
$6,000 going out the door is a big deal when looking at the big picture and how horse ownership fits into it. The other consideration is if a person has to relocate- they might have been able to afford a property suitable for a horse in city A … but move to city B and it might be a WHOLE other ballgame.
There are lots of ways to be around horses and ride without buying - I think many leases and half-leases are born out of these kinds of circumstances. Kid graduates and leaves for college but can't take the horse with them but doesn't want to sell … Owner gets married then starts a family … someone gets injured - a parent loses a job and can't afford to keep the kid's horse … someone gets a new job that involves travel - the list goes on and on and on. Life happens.
Change is hard for everyone, but the well-being of those who have no say in the change cannot be overstated. The important thing is the horse gets looked after and loved.