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# Real Estate Agent: Next year, the occupancy rate for

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Retired Moderator
Joined: 23 Oct 2011
Posts: 196
Real Estate Agent: Next year, the occupancy rate for  [#permalink]

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05 May 2012, 21:58
4
00:00

Difficulty:

5% (low)

Question Stats:

86% (01:31) correct 14% (01:42) wrong based on 422 sessions

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Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.

The boldfaced statements in the argument above play which of the following roles?

A) The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.
b) The first is a consideration that weighs against the agent’s prediction; the second is that prediction.
c) The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.
d) The first is the agent’s prediction; the second is reasoning offered in support of this prediction.
e) The first is an undisputed statement of fact; the second is a position that is supported by this fact.

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Re: Real Estate Agent: Next year, the occupancy rate for  [#permalink]

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09 Feb 2017, 00:37
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In the first bold statement, the agent predicts, or concludes, that occupancy rates will increase despite decreasing population. The second bold statement describes the reasoning behind this prediction: if potential home-buyers are discouraged by high interest rates on mortgages, they will opt to rent instead. So, the first statement is a prediction, and the second statement supports this prediction.

(A) The second statement does not weigh against the conclusion, but rather supports it.
(B) The agent’s final prediction is made in the first bold statement, not the second bold statement.
(C) The first bold statement does not describe a pattern of cause and effect. In fact, it predicts the disjointed relationship between population and occupancy rates: as population decreases, occupancy rates will increase.
(D) CORRECT. This choice describes the correct relationship between the two statements: the first is the conclusion, and the second supports this conclusion.
(E) The first statement is not an undisputed fact, but rather a prediction.

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Re: Real Estate Agent: Next year, the occupancy rate for  [#permalink]

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08 May 2012, 20:10
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I eliminated down to C, D but since there is a word "next year", I picked D.
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Re: Real Estate Agent: Next year, the occupancy rate for  [#permalink]

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04 Feb 2020, 00:30
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Real Estate Agent: Next year, the occupancy rate for   [#permalink] 04 Feb 2020, 00:30
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# Real Estate Agent: Next year, the occupancy rate for

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