mundasingh123 wrote:A study commissioned by the city council chows that rising rents have made most of the apartments in the city affordable for low income families . A new proposal would limit rent increases on all residential properties to 1.5 % per year .Yet the city council has concluded that such a measure would actually decrease the supply of affordable housing within city limits.
Which of the following if true most helps to resolve the apparent discrepancy between the results of the study and the city councils conclusion regarding the proposal to limit rent increases ?
(A)1.5 % is significantly below the projected rate of inflation for the next 2 years
(B) The number of low income families living in the city is expected to decline sharply in the next decade due to gentrification and the rising cost of living
(C) Other programs , such as job training programs and childcare services , would be significantly more helpful to low income families than rent control measures
(D) Landlords might choose to sell or move into their properties if renting them is not sufficiently profitable
(E) Other expenses are rising even faster than rent for low income families

OA D

I got it. Since i had already typed the whole bloody thing painstakingly . I ll submit

sl750 wrote:

mundasingh123 wrote:A study commissioned by the city council chows that rising rents have made most of the apartments in the city affordable for low income families . A new proposal would limit rent increases on all residential properties to 1.5 % per year .Yet the city council has concluded that such a measure would actually decrease the supply of affordable housing within city limits.
Which of the following if true most helps to resolve the apparent discrepancy between the results of the study and the city councils conclusion regarding the proposal to limit rent increases ?
(A)1.5 % is significantly below the projected rate of inflation for the next 2 years
(B) The number of low income families living in the city is expected to decline sharply in the next decade due to gentrification and the rising cost of living
(C) Other programs , such as job training programs and childcare services , would be significantly more helpful to low income families than rent control measures
(D) Landlords might choose to sell or move into their properties if renting them is not sufficiently profitable
(E) Other expenses are rising even faster than rent for low income families

OA D

I got it. Since i had already typed the whole bloody thing painstakingly . I ll submit

Is this argument correctly transcribed. In the first sentence it says that "rising rents have made most of the apartments in the city affordable for low income families" .If this is true, why bother capping the rent increase to 1.5% per year

gunjan1208 wrote:IMO D

Munda Singh,
Though I got the answer through POE, I am not convinced that E is the ideal choice. Even if people sell/come to reside in those houses, will it reduce the supply. They will come leaving other houses in which they are residing currently (untill we assume that they will live in two houses). Also, selling the property would not change the situation.

let me know about your views.

gunjan1208 wrote:IMO D

Munda Singh,
Though I got the answer through POE, I am not convinced that E is the ideal choice. Even if people sell/come to reside in those houses, will it reduce the supply. They will come leaving other houses in which they are residing currently (untill we assume that they will live in two houses). Also, selling the property would not change the situation.

let me know about your views.