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Director
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In the 18th and 19th centuries, it was believed in many [#permalink]
 30 Oct 2006, 04:33
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In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.
Which of the following, if true, most strongly supports the claim made about urban waterfront properties?
A People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
B People will be willing to spend large sums on properties in predominantly industrial or commercial districts.
C Many urban waterfront lots are available for purchase.
D Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
E Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
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Senior Manager
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I am up for (D).A good profit can be made if tax incentives are provided too.
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D for me too.
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Senior Manager
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No clarity but my guess is B.
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VP
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Had difficulty in deciding between B and D.
I would go with B.
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Manager
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In my opinion, D stands out.
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Director
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ak_idc wrote: Had difficulty in deciding between B and D.
I would go with B.
Yes caught between B and D.
tax incentive never discussed in the passage.
B seems right.
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Manager
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sangarelli wrote: I am up for (D).A good profit can be made if tax incentives are provided too.
(D)
Hey sangarelli ,
nice to see you after long time:)...Do hang around with your intellectual posts
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Director
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only way homebulders can make large amount of money is when there are buyers who are willing to pay the premium ...
(B)
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Manager
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Agree on reasoning for B
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Director
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My Pick Is B
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B
Will be willing... does not explain why people now prefer the watertfront properties
D
Is tempting , though nothing is mentioned about taxes...
I guess the actual reason is the "quality of life" on waterfront instead of Urban areas. ( no option like this)
I bet on D
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Director
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between B and D I ll take D
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Swagatalakshmi wrote: only way homebulders can make large amount of money is when there are buyers who are willing to pay the premium ...
(B)
The stem states that "Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. "
Thus it can be presumed that people are already willing to pay. D enriches the argument by saying that the developers have a tax incentive too.
Unless this is an LSAT question that has its own bizarre reasoning much beyond the comprehension of lesser mortals like I, I would stick with D
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D. 2
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dwivedys wrote: Swagatalakshmi wrote: only way homebulders can make large amount of money is when there are buyers who are willing to pay the premium ...
(B) The stem states that "Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. " Thats true with beach front. What about waterfront that is near industrial and commercial areas? (argument says: As a result, much of the waterfront in these cities was never developed aesthetically and was left to industry and commerce)Thus it can be presumed that people are already willing to pay. D enriches the argument by saying that the developers have a tax incentive too. Unless this is an LSAT question that has its own bizarre reasoning much beyond the comprehension of lesser mortals like I, I would stick with D _________________
The path is long, but self-surrender makes it short;
the way is difficult, but perfect trust makes it easy.
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I think its B
B states that people are willing to spend large sums on such properties. So the builders can sell them easily for a large profit.
D just talks about a tax incentive on developing such property. This is just an added bonus . But does not address the main point whether these properties would sell at a large profit.
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VP
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Karl - Pls help us with the OA..
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ak_idc wrote: dwivedys wrote: Swagatalakshmi wrote: only way homebulders can make large amount of money is when there are buyers who are willing to pay the premium ...
(B) The stem states that "Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. " Thats true with beach front. What about waterfront that is near industrial and commercial areas? (argument says: As a result, much of the waterfront in these cities was never developed aesthetically and was left to industry and commerce)Thus it can be presumed that people are already willing to pay. D enriches the argument by saying that the developers have a tax incentive too. Unless this is an LSAT question that has its own bizarre reasoning much beyond the comprehension of lesser mortals like I, I would stick with D Aboslutely...it's B
Saurabh Malpani
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