Dana & Abdulla are trying to decide whether to rent or purchase housing. Dana favors buying and Abdulla leans toward renting, and both seem able to justify their particular choice. Dana thinks that the tax advantages are very good reason for buying. Abdulla, however, believes that cash flow is so much better when renting. See whether you can help them make their decision.

e. Is there a clear-cut basis for deciding whether to rent or buy housing? Explain why or why not.