Real Estate Consultant: Apartment complexes make foolish financial decisions when they include swimming pools as

This topic has expert replies
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pm
Followed by:23 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Real Estate Consultant: Apartment complexes make foolish financial decisions when they include swimming pools as amenities for their tenants. Pools are expensive to maintain and could be replaced by additional rent-generating housing units, while studies continue to show that less than 10% of tenants whose complexes have pools will use the pool in any given month.

Which of the following most undermines the consultant’s conclusion?


A. Studies show that more than half of prospective tenants say they would prefer to live in a complex that has a pool than in one that does not.

B. Swimming pool maintenance is often less expensive than other luxury amenities like concierge and valet parking services.

C. Nearly 75% of tenants who use their complex’s swimming pool at least once per month will use the swimming pool several times per month.

D. If tenants sign liability waivers when they sign their leases, apartment complexes can avoid the cost of employing lifeguards.

E. Tenants at apartment complexes with swimming pools often invite guests to use the pool, leading to complaints about excessive noise and a lack of available parking.


OA A

Source: Veritas Prep
Source: — Critical Reasoning |