please help with following question, i feel all options are wrong as in each option pronoun reference is ambigous.

While depressed property values can hurt some large investors, they are potentially devastating for home-owners, whose equity―in many cases representing a life's savings―can plunge or even disappear.

(A) they are potentially devastating for homeowners, whose

(B) they can potentially devastate homeowners in that their

(C) for homeowners they are potentially devastating, because their

(D) for homeowners, it is potentially devastating in that their

(E) it can potentially devastate homeowners, whose

Thanks,
Sameer