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# As the housing affordability gap widens, middle-income

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Manager
Joined: 30 May 2009
Posts: 72
As the housing affordability gap widens, middle-income [#permalink]

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10 Jul 2009, 12:59
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As the housing affordability gap widens, middle-income families are especially hard-hit, and these families can no longer qualify to buy homes, and rising rental rates force them to use far more than the standard 25 percent of their incomes for housing, leaving them with no equity or tax write-offs to offset the expenditures.

(A) and these families can no longer qualify to buy homes, and
(B) since these families can no longer afford to buy homes, furthermore
(C) for these families can no longer afford to buy homes, yet
(D) and these families can no longer afford to buy homes; however,
(E) and these families can no longer afford to buy homes, for

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Manager
Joined: 07 Apr 2009
Posts: 144

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10 Jul 2009, 13:51

and these families can no longer afford to buy homes, for [neatly introduces the reason for why they cannot afford]
Manager
Joined: 16 Apr 2009
Posts: 213
Schools: Ross

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10 Jul 2009, 16:41
Quote:
As the housing affordability gap widens, middle-income families are especially hard-hit, and these families can no longer qualify to buy homes, and rising rental rates force them to use far more than the standard 25 percent of their incomes for housing, leaving them with no equity or tax write-offs to offset the expenditures.

(A) and these families can no longer qualify to buy homes, and
(B) since these families can no longer afford to buy homes, furthermore
(C) for these families can no longer afford to buy homes, yet
(D) and these families can no longer afford to buy homes; however,
(E) and these families can no longer afford to buy homes, for

IMO, C

B looks good but 'since' and furthermore does not look good.
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Manager
Joined: 17 Aug 2008
Posts: 61

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10 Jul 2009, 19:07
As the housing affordability gap widens, middle-income families are especially hard-hit, and these families can no longer qualify to buy homes, and rising rental rates force them to use far more than the standard 25 percent of their incomes for housing, leaving them with no equity or tax write-offs to offset the expenditures.

(A) and these families can no longer qualify to buy homes, and--->Bogus
(B) since these families can no longer afford to buy homes, furthermore--->since needs to have some reference to time since when???
(C) for these families can no longer afford to buy homes, yet--->Not yet as the later part is the reason for their plight
(D) and these families can no longer afford to buy homes; however,--->same as C
(E) and these families can no longer afford to buy homes, for--->Ok for here means because....
Manager
Joined: 30 May 2009
Posts: 72

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10 Jul 2009, 22:18
plz explain how r u choosing among.....Forever,Yet nd However,...?
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11 Jul 2009, 11:25
Maulikgmat wrote:
As the housing affordability gap widens, middle-income families are especially hard-hit, and these families can no longer qualify to buy homes, and rising rental rates force them to use far more than the standard 25 percent of their incomes for housing, leaving them with no equity or tax write-offs to offset the expenditures.

(A) and these families can no longer qualify to buy homes, and--->Bogus
(B) since these families can no longer afford to buy homes, furthermore--->since needs to have some reference to time since when???
(C) for these families can no longer afford to buy homes, yet--->Not yet as the later part is the reason for their plight
(D) and these families can no longer afford to buy homes; however,--->same as C
(E) and these families can no longer afford to buy homes, for--->Ok for here means because....

you said that for means "because" in this particular sentence. Can you quote some examples where "for" is used in the meaning of "because" ???
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Senior Manager
Joined: 04 Jun 2008
Posts: 279

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11 Jul 2009, 14:40
Ans should be C

"for" can be used instead of because as in:

She could not go to the party for she had to study.

The passage says that middle class families should have saved money by not buying homes, "yet" because of high rents, they could not save enough to meet all expenses.
Manager
Joined: 17 Aug 2008
Posts: 61

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11 Jul 2009, 20:01
WhyabloodyMBA wrote:
plz explain how r u choosing among.....Forever,Yet nd However,...?

Understand the meaning of the sentence..

As the housing affordability gap widens, middle-income families are especially hard-hit, and these families can no longer qualify to buy homes, and rising rental rates force them to use far more than the standard 25 percent of their incomes for housing, leaving them with no equity or tax write-offs to offset the expenditures.

(A) and these families can no longer qualify to buy homes, and--->Bogus
(B) since these families can no longer afford to buy homes, furthermore--->since needs to have some reference to time since when???
(C) for these families can no longer afford to buy homes, yet--->Not yet as the later part is the reason for their plight
(D) and these families can no longer afford to buy homes; however,--->same as C
(E) and these families can no longer afford to buy homes, for--->Ok for here means because....
It says that as ....widens,middle...hard it,& something more about their plight...(so it is clear first part & or furthermore etc.. i.e words saying in addition type...)Now yet means...I love you yet I love her... i.e something opp or negative...is it so in the question NO... similarly for however does not fit in the context so I came down to E....
Is it OK???
Director
Joined: 05 Jun 2009
Posts: 684
WE 1: 7years (Financial Services - Consultant, BA)

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12 Jul 2009, 04:26
C for me

Yet needed for contrast.
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Manager
Joined: 01 May 2009
Posts: 93

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12 Jul 2009, 08:39
my vote for choice c too.

there are two reasons related to housing that are effecting the families.

The first is that these guys cannot afford a new house and the second is adding on to their plight by taking a large portion of their income into rents.
Manager
Joined: 30 May 2009
Posts: 72

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12 Jul 2009, 09:52
rashminet84 wrote:
Ans should be C

"for" can be used instead of because as in:

She could not go to the party for she had to study.

The passage says that middle class families should have saved money by not buying homes, "yet" because of high rents, they could not save enough to meet all expenses.

yes u r correct. OA is C.

i take from your explanation that 'yet' is almost equivalent to 'but' ...in this particular case..rite..??
Senior Manager
Joined: 04 Jun 2008
Posts: 279

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12 Jul 2009, 10:08
1
WhyabloodyMBA wrote:

yes u r correct. OA is C.

i take from your explanation that 'yet' is almost equivalent to 'but' ...in this particular case..rite..??

Almost, but not exactly same as but

"yet", "still" are used when favorable conditions for the occurrence of an event existed, "yet" it did not happen. "but" is not the best conjunction in that sense.

The families should have met their expenses by saving money if they were not buying houses, "yet" they could not save because the rents too were high.

Hope its clear.
Senior Manager
Joined: 04 Jun 2008
Posts: 279

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12 Jul 2009, 10:17
thanks

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Re: furthermore...yet...however   [#permalink] 12 Jul 2009, 10:17
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