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Real Estate Consultant: Apartment complexes make foolish

Expert replies
by BTGmoderatorDC » Sun Jul 28, 2019 9:06 pm

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Answers

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Stats

Difficulty—

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
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Source: — Critical Reasoning |

by deloitte247 » Sun Aug 04, 2019 12:32 am
We need to find what opposes the consultant's conclusion.
Premise: Including swimming pools as amenities for tenants is a foolish financial decision.
Conclusion: Less than 10% of tenants whose complexes have peels will use the pool in any given month.

OPTION A - CORRECT
If true, it means that the inclusion of pools is quite necessary to apartment complexes. It also means that there will be an increase in the percentage of tenants who use the pool in a month.

OPTION B - INCORRECT
We are not concerned about other amenities apart from the swimming pool.

OPTION C - INCORRECT
The consultant claims that less than 10% of tenants use the pool in a month, while this option merely claims that at least 75% still use the pool. This means that it doesn't oppose the consultant's conclusion.

OPTION D - INCORRECT
This doesn't explain why the consultant's conclusion is wrong or can be opposed.

OPTION E - INCORRECT
We are not concerned about how guests are invited to use the pool at apartment complexes, or how it leads to complaints.
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