Can a computer help me decide whether to buy or rent?
August 27th, 2008 By Peter G. Miller
When you use a buy-versus-rent comparison program — whether on a home computer or on the Internet — the results will reflect whatever assumptions are entered into the program. Thus you can produce any answer you like.
Program answers can be based on incorrect assumptions or on efforts to examine values that cannot be objectively measured such as personal preferences. Neither computers nor people can predict future values, interest rates, or local development shifts.
But, computer programs may be helpful in the sense that they can identify issues to consider and the concerns which hold the most importance for you.
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