The following diagram in figure 1. shows the story of a family who wants to buy/rent a house. The family is hesitating whether to buy of rent the house.  Create a flow chart to help the family to decide whether to buy or rent the house based on the given data in the diagram. Write a brief conclusion on the findings. Help to determine if they’re ready to buy a house with a flowchart like this one. This type of content is useful for organizations in real estate, transportation, home design and more.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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The following diagram in figure 1. shows the story of a family who wants to buy/rent a house. The family is hesitating whether to buy of rent the house. 

Create a flow chart to help the family to decide whether to buy or rent the house based on the given data in the diagram. Write a brief conclusion on the findings.

Help to determine if they’re ready to buy a house with a flowchart like this one. This type of content is useful for organizations in real estate, transportation, home design and more.

 

SHOULD YOU RENT OR BUY?
YES
Are you planning to stay
for more than 5 years?
Are you at a
financially stable
position?
M.
NO
RENT
RENT
2
S
YES
Can your budget
handle mortgage,
taxes, maintenance
and other costs?
J
A
YES
BUY
SALE
Ca
H
NO
Transcribed Image Text:SHOULD YOU RENT OR BUY? YES Are you planning to stay for more than 5 years? Are you at a financially stable position? M. NO RENT RENT 2 S YES Can your budget handle mortgage, taxes, maintenance and other costs? J A YES BUY SALE Ca H NO
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