BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
Vote for Target Test Prep, Newsweek Readers’ Choice Awards 2026
NEWSWEEK READERS’ CHOICE 2026

BIG NEWS! Target Test Prep has been nominated, and they’d love your vote!

TTP has worked incredibly hard to build the best test prep experience possible, and winning Newsweek’s 2026 Readers’ Choice Award for Best Test Prep would mean a lot to them. If TTP has helped you, they’d be incredibly grateful for your vote. You can vote once each day through September 9.

Vote for TTP
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
Live EA class + 6 months of EA OnDemand
  • Expert-led weekly online sessions
  • EA Masterclass access between classes
View EA class & enroll
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

While depressed property values can hurt some large investor

Expert replies
by RBBmba@2014 » Mon May 18, 2015 5:12 am
While depressed property values can hurt some large investors, they are potentially devastating for homeowners, 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


OA : A

@ Experts - It's an OG question. Although it appeared pretty easy initially, I got this question wrong. Could you please share your detail explanation ? Much thanks in advance.
Last edited by RBBmba@2014 on Mon May 18, 2015 11:18 pm, edited 1 time in total.
Join the discussion
Source: — Sentence Correction |

by GMATGuruNY » Mon May 18, 2015 5:53 am
RBBmba@2014 wrote:While depressed property values can hurt some large investors, they are potentially devastating for homeowners, 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
In B and E, can and potentially are redundant.
Eliminate B and E.

Forms of the same pronoun (they, them, their) must refer to the same antecedent.
C: for homeowners they are potentially devastating, because their equity can plunge.
Here, both they and, their seem to refer to depressed property values.
As a result, the clause in red implies that the equity of DEPRESSED PROPERTY VALUES can plunge.
The intended meaning is that HOMEOWNERS' equity can plunge.
Eliminate C.

In D, it lacks a clear antecedent.
Eliminate D.

The correct answer is A.

Some test-takers might incorrectly eliminate the OA because of a seemingly ambiguous pronoun (they).
OA: While depressed property values can hurt some large investors, they are potentially devastating for homeowners.
On the GMAT, the default referent for a subject pronoun (he, she, they, it) is the preceding subject.
Here, the default referent for they (subject pronoun) is depressed property values (the preceding subject).
And context matters.
Given the meaning conveyed by the introductory modifier, no reasonable reader would think that some large investors are potentially devastating for homeowners.
The only logical interpretation is that DEPRESSED PROPERTY VALUES are potentially devastating.
Hence, the pronoun in the OA is NOT ambiguous.

A good rule of thumb:
If you spot an answer choice with a seemingly ambiguous pronoun, do not immediately eliminate the answer choice.
Instead, look for an alternate answer choice that avoids the ambiguity and is free of errors.
If no such answer choice can be found, look for other reasons to keep or eliminate the answer choice with the seemingly ambiguous pronoun.
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.

As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.

For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3
Join the discussion

by RBBmba@2014 » Mon May 18, 2015 7:29 am
Hi GMATGuru - I was confused between [spoiler]A & C[/spoiler]. I didn't have any issues with the pronoun they, it clearly refers to "depressed property values".

The issue I had - I took "equity" in financial term and in A "equity" modifies 'homeowners'. So it appeared illogical to me. Whereas, I thought in C 'equity' correctly modifies DEPRESSED PROPERTY VALUES. As a result of this I eliminated the OA:A.

Can you please shed light why "equity" can't modify DEPRESSED PROPERTY VALUES here ?
Join the discussion

by DavidG@VeritasPrep » Mon May 18, 2015 10:46 am
The issue I had - I took "equity" in financial term and in A "equity" modifies 'homeowners'.
'Equity' doesn't modify 'homeowners' in A. Rather, the equity belongs to the homeowners.

Take a simple example: Dave, whose car is in the shop, is stranded. Clearly 'car' doesn't modify 'Dave.' Rather, the possessive modifier "whose" indicates that it's Dave's car we're talking about. Similarly, in A, it's the homeowner's equity we're talking about. (When you pay off your mortgage, you're the one who is acquiring equity in the house.)
Veritas Prep | GMAT Instructor

Veritas Prep Reviews
Save $100 off any live Veritas Prep GMAT Course
Join the discussion

• Page 1 of 1