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The problem with this (admittedly very good) calculator is there are two key knobs that require massive amounts of speculation but have a huge impact on the dec
by gfodor 12y ago
The problem with this (admittedly very good) calculator is there are two key knobs that require massive amounts of speculation but have a huge impact on the decision: projected return on investment and expected home price growth. Good luck predicting either of these over the next 10 years.
- sarah2079 12y agoI wouldn't say this is a problem with a calculator. These two factors make predicting whether renting or buying will be better really hard in some cases, and the page makes that clear. I see it as an interactive tool that helps you explore all the variables involved rather than a calculator designed spit out a clear yes or no answer in every case.
- sgustard 12y agoSame with retirement calculators. Step 1, at what age do you plan to die?