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# Investing in real estate would be a profitable venture at

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Manager
Joined: 04 Dec 2008
Posts: 104

Kudos [?]: 230 [0], given: 2

Investing in real estate would be a profitable venture at [#permalink]

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27 Apr 2009, 03:31
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Investing in real estate would be a profitable venture at this time. A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years. A study of the real estate industry, however, revealed that the current supply of homes could only provide for 65% of that demand each year.

Which of the following, if true, reveals a weakness in the evidence cited above?
(A) Real estate is a highly labor-intensive business.
(B) Home builders are not evenly distributed across the country.
(C) The number of people who want second homes has been increasing each year for the past ten years.
(D) Readers of House magazine are more likely than most people to want second homes.
(E) House magazine includes articles about owning a second home as well as articles about building a second home.

Kudos [?]: 230 [0], given: 2

Senior Manager
Joined: 08 Jan 2009
Posts: 325

Kudos [?]: 180 [0], given: 5

Re: CR1000 T1 #8-Real Estate [#permalink]

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27 Apr 2009, 07:00
joyseychow wrote:
Investing in real estate would be a profitable venture at this time. A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years. A study of the real estate industry, however, revealed that the current supply of homes could only provide for 65% of that demand each year.

Which of the following, if true, reveals a weakness in the evidence cited above?
(A) Real estate is a highly labor-intensive business.
(B) Home builders are not evenly distributed across the country.
(C) The number of people who want second homes has been increasing each year for the past ten years.
(D) Readers of House magazine are more likely than most people to want second homes.
(E) House magazine includes articles about owning a second home as well as articles about building a second home.

I think the Ans . E

Kudos [?]: 180 [0], given: 5

Manager
Joined: 07 Apr 2009
Posts: 142

Kudos [?]: 123 [0], given: 5

Re: CR1000 T1 #8-Real Estate [#permalink]

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27 Apr 2009, 08:10
Seems D, weakness is the argument takes sample demand as the ultimate demand
..i dont think E can be as there is no talk of including new homes .

Kudos [?]: 123 [0], given: 5

Senior Manager
Joined: 16 Apr 2009
Posts: 317

Kudos [?]: 157 [0], given: 14

Re: CR1000 T1 #8-Real Estate [#permalink]

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27 Apr 2009, 19:09
IMO it is C , well I was confused between C and D

Conclusion is Investing in real estate would be a profitable venture at this time.
So, any option that undermine this conclusion will be the answer

Here is the analysis
(A) Real estate is a highly labor-intensive business. - no way related
(B) Home builders are not evenly distributed across the country. - it does not matter

(C) The number of people who want second homes has been increasing each year for the past ten years. - this proves that number of people who wants second home is increasing still there is no boom

(D) Readers of House magazine are more likely than most people to want second homes. - it is rephrasing the second line that 85% wants a second home

(E) House magazine includes articles about owning a second home as well as articles about building a second home. - it is no way related
_________________

Kudos [?]: 157 [0], given: 14

Manager
Joined: 04 Dec 2008
Posts: 104

Kudos [?]: 230 [0], given: 2

Re: CR1000 T1 #8-Real Estate [#permalink]

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28 Apr 2009, 06:37
vageesh wrote:
Seems D, weakness is the argument takes sample demand as the ultimate demand
..i dont think E can be as there is no talk of including new homes .

OA is D.
I was contemplating between E & D. Since you pointed out, it does make sense! After all the survey conducted by House magazine was biased and was targeted at people who are more likely to want to buy 2nd homes. Thanks!

Kudos [?]: 230 [0], given: 2

Director
Joined: 23 May 2008
Posts: 800

Kudos [?]: 86 [0], given: 0

Re: CR1000 T1 #8-Real Estate [#permalink]

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30 Apr 2009, 01:38
i picked D but this question stem is very unclear. it suggests that there are are only enough homes to supply 65% of the 85% of the readers interested in second homes

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Manager
Joined: 30 Mar 2009
Posts: 248

Kudos [?]: 203 [0], given: 1

Re: CR1000 T1 #8-Real Estate [#permalink]

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03 May 2009, 21:45
IMO D

Investing in real estate would be a profitable venture at this time. A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years. A study of the real estate industry, however, revealed that the current supply of homes could only provide for 65% of that demand each year.

Which of the following, if true, reveals a weakness in the evidence cited above?
(A) Real estate is a highly labor-intensive business --> high cost of labor is not strong enough to weaken the argument
(B) Home builders are not evenly distributed across the country --> too general
(C) The number of people who want second homes has been increasing each year for the past ten years --> strengthen
(D) Readers of House magazine are more likely than most people to want second homes --> the best. Because of the survey in House magazine only illustrates the demand of their readers, the demand of most people in all over the country probably does not resemble those of such readers
(E) House magazine includes articles about owning a second home as well as articles about building a second home --> so what ???

Kudos [?]: 203 [0], given: 1

Re: CR1000 T1 #8-Real Estate   [#permalink] 03 May 2009, 21:45
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# Investing in real estate would be a profitable venture at

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