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Dear Experts,
I eliminated C,D and E but was stuck between A and B.
Although the use of that in A in confusing,I eliminated B because I thought it violated parallelism.
Although there are posts in this thread which address parallelism, don't we need the same parts of speech to make two structures parallel?
How can vacancy rates be // to there is?

Thanks in advance.
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Sachinpri
How can vacancy rates be // to there is?
'Vacancy rates' is not parallel to 'there is'.

The clause 'vacancy rates in existing structures are exceptionally high' is parallel to the clause 'there is no demand for new construction'.

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Sachinpri
How can vacancy rates be // to there is?
'Vacancy rates' is not parallel to 'there is'.

The clause 'vacancy rates in existing structures are exceptionally high' is parallel to the clause 'there is no demand for new construction'.

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Thanks for the reply
When do we compare entire clauses and when do we compare part of speech following the parallel marker?
For example in not only..but also.. structures,whatever part of speech follows not only must follows but also.
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Sachinpri
When do we compare entire clauses and when do we compare part of speech following the parallel marker?
For example in not only..but also.. structures,whatever part of speech follows not only must follows but also.
It's not about 'whatever part of speech follows'. We always look at the meaning and see what the connector connects.

So we could say, 'Our phones are so powerful that they change not only what we do but also who we are'
'What we do' and 'who we are' are parallel.

In the current sentence, the AND does not connect vacancy rates with anything.

If the sentence were something like '...even though vacancy rates and (something else) are exceptionally high', then vacancy rates would need to be parallel with (something else).

The current sentence is '... even though (reason-1) and (reason-2)'.
Reason-1 is 'vacancy rates are exceptionally high'.
Reason-2 is 'there is no demand for new construction'.

Reason-1 is a statement (independent clause) and so is Reason-2.

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Sachinpri

Thanks for the reply
When do we compare entire clauses and when do we compare part of speech following the parallel marker?
For example in not only..but also.. structures,whatever part of speech follows not only must follows but also.

You're correct that the second parallel part should immediately follow the parallel marker ("and").

To decide how big the parallel pieces are, use the intended common-sense meaning of the sentence—ask yourself "what makes sense as thing #1 and thing #2, or as two 'bullet points', here?"

In this sentence, as vv65 points out, the two 'bullet points' are two observations that both ought to discourage investment in commercial real estate, each written as a whole clause [complete sentence]. The second of these does, indeed, immediately follow "and".
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GMATNinja, Experts, Anyone, In Option A, posts in the forum are saying the word "that" seems to modify "Existing Structures" but as per GMATNinja's post on the "That" word, you mentioned that if a Noun is followed by a preposition phrase modifying that noun and then "that" is used, then "that" modified the noun. So in this case, "that" should modify "Vacancy rates", right? Can you please tell me where my understanding is wrong?
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GMATNinja, Experts, Anyone, In Option A, posts in the forum are saying the word "that" seems to modify "Existing Structures" but as per GMATNinja's post on the "That" word, you mentioned that if a Noun is followed by a preposition phrase modifying that noun and then "that" is used, then "that" modified the noun. So in this case, "that" should modify "Vacancy rates", right? Can you please tell me where my understanding is wrong?

Your understanding is accurate. "That" can be understood to modify "vacancy rates" here.
It's better to use a completely unambiguous phrasing, though. Since there are other choices that don't have this issue, you can strike A.

Another fault you can find with that part of choice A is the abject lack of parallelism. ("Vacancy rates in existing structures that are exceptionally high AND demand for new construction that is nonexistent" would have better parallelism, but only at the cost of making both parts unnecessarily wordy and circuitous.)
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Hi @AjiteshArun/@GMATNinja/@EMPOWERgmatVerbal/@DmitryFarber/@egmat/MartyTargetTestPrep/ExpertsGlobal5/KarishmaB

I have 2 doubts.
1- If the correct option 'B' doesnt have comma before 'Even though', then also is it fine ?
2- if Option A doesnt have the 'that' issue and rather have 'despite exceptionally high rates and no demand..', then is it correct ?

Kindly help
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