A recent report on housing shows that as the value of the

B for me as well

It's the only answer choice that offers an alternative explanation for why people buy homes

B resolves the paradox.

OA is B.

Looking for an answer choice that tells us that there are other reasons why the stock market and the housing increases do not correspond.

B does this for us.

I got B too

OA is B.

OE:

Step 1: ID Question Type and Task
A question that contains an apparent contradiction indicates a Paradox Question.

Task: Find the seemingly contradictory issue.

Step 2: Read the Argument and Extract Necessary Information:
The necessary information is the paradox, identify the paradox and pose it to yourself as a question.

Paradox: Why would what is expected from the report not be the case?

Step 3: Formulate an Answer to the Question
Formulate a resolution to the paradox (if possible).

Remember, the best answer provides a connection between the two sides of the paradox without changing or discounting either side.

Step 4: Eliminate Answer Choices:


(A) Eliminate. This is contradicted by the info in the passage.

(B) Keep. This could explain why the pattern that was expected didn`t occur because of other factors.

(C) Eliminate. This exacerbates the paradox by implying a reason why the expected pattern should have been present.

(D) Eliminate. The paradox is concerned about the pattern during growth, not decline.

(E) Eliminate. This exacerbates the paradox by implying that there is a relationship between the stock and real estate markets.

Step 5: Identify differences in remaining choices

(B) is the only remaining choice and is the correct answer.

I think the answer should be E as the resolving of a paradox implies successfully reconciling both the sides i.e., both the views should be explained.

A doesn't do that because it explains only the second part. E does it successfully by supporting the report as well as the reality. It supports the report because when the stock market is on the rise it is likely that many have successful portfolio performance and hence as given buy house for the first time. It also accomodates the reality because the reverse may not be true i.e., whenever people decide to buy home for the first time it maynot be always because of a successful portfolio and hence no predictable pattern if you look at that way.

Well, sravana:-

If the questions was:-

"Which of the following supports the conclusion the best" E would have been a contender. But the question is not asking to give an evidence that further strengthens the conclusion. It is asking us to resolve the apparent discerpancy. This is best done by B.

What do u say?

Amy, I think it is a more or less asking the same question in a different way. That is satisfying that there is consistency between both the parts of the argument. I agree that B is not inconsistent but the same can be said of E too and it goes further than that by explaining the first part (though not required). But that doesn't rule it out as a possible choice.

Okay, I see ur point. The explanation for the paradox should bridge that gap between the hypothetical situation and the reality right?

The reason should not change the hypothetical situation as well as the reality. But it should also resolve the questions between them.

But even then,

- E merely states the report once again. It just says that the decision to buy a home is influenced by the family’s stock portfolio. Okay if this so then the question still remains …Why are the numbers in reality not indicating the sameâ€

Agree with B here.

Well, the argument only correlates the two parts that is, the rise in the stock market and the rise in the number of first-time homeowners. E actually gives a "reason" for that by saying that people are actually influenced by performance of their stock porfolio. There can also be misleading correlations, right?