The increasing scarcity of available rental housing, particularly apartments with two or more bedrooms, is attributable to two recent trends: the increasing number of new office buildings as compared to new apartment buildings and the increasing number of apartments being sold as condominiums rather than rented.
The passage above best supports which of the following conclusions?Confused b/w B & E, but here is my explanation.
(A) The rate at which new apartment buildings are being built is decreasing. -
Incorrect, as this is true, but not the conclusion we can infer from the argument.
(B) The current demand for reasonably priced rental housing is greater than the current supply. -
Correct, scarcity of rental apartments => there is demand which is not being met.
(C) Most apartments being sold as condominiums have at least two bedrooms. -
Incorrect, as it can serve as a premise but not a conclusion.
(D) More new office buildings than rental apartment buildings are currently being built. -
Incorrect, as its already mentioned in the argument.
(E) The current demand for offices is greater than the current demand for rental apartments. -
Incorrect, as it could be a secondary conclusion, after B, since we are more concerned as to what scarcity is causing.