In the 18th and 19th centuries, it was believed in many : GMAT Critical Reasoning (CR)
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# In the 18th and 19th centuries, it was believed in many

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In the 18th and 19th centuries, it was believed in many [#permalink]

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30 Oct 2006, 03:33
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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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30 Oct 2006, 03:45
I am up for (D).A good profit can be made if tax incentives are provided too.
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30 Oct 2006, 04:03
D for me too.
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30 Oct 2006, 04:38
No clarity but my guess is B.
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30 Oct 2006, 07:20
Had difficulty in deciding between B and D.

I would go with B.
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30 Oct 2006, 12:27
In my opinion, D stands out.
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30 Oct 2006, 12:27
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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30 Oct 2006, 12:29
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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30 Oct 2006, 18:37
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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30 Oct 2006, 19:27
Agree on reasoning for B
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30 Oct 2006, 21:31
It must be B
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30 Oct 2006, 22:00
My Pick Is B
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30 Oct 2006, 22:54
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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31 Oct 2006, 02:48
between B and D I ll take D
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31 Oct 2006, 03:16
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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31 Oct 2006, 04:48
D. 2
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31 Oct 2006, 04:53
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

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31 Oct 2006, 11:00
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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31 Oct 2006, 11:16
Karl - Pls help us with the OA..
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31 Oct 2006, 12:44
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
31 Oct 2006, 12:44

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