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In the last year, real estate prices, such as those for hous

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In the last year, real estate prices, such as those for hous [#permalink] New post 08 Nov 2019, 10:14
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In the last year, real estate prices, such as those for houses and condominiums, have gone up an average of 7% in the city of Galway but only 2% in the town of Tuam. On the other hand, average rents for apartments have risen 8% in Tuam over the last year, but only 4% in Galway.

Which of the following is an inference that can be reasonably drawn from the premises given above?

(A) In the last year, the ratio of average apartment rents to average real estate prices has increased in Tuam but fallen in Galway.

(B) Tuam has experienced a greater shift in demand toward the rental market than Galway has.

(C) It has become easier for Galway real estate to be bought and sold, whereas it has become easier for Tuam real estate to be rented.

(D)The supply of rental apartment units has decreased more in Tuam than in Galway.

(E) The average amount spent on housing is higher in Galway than it is in Tuam.
[Reveal] Spoiler: OA
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Re: In the last year, real estate prices, such as those for hous [#permalink] New post 08 Nov 2019, 11:27
Expert's post
To be honest I am always skeptical of such a question provided by NON-official resources.

Relating the real estate price with the rent where the variable which would come into play would be several, makes me perplexing.

It is like to make a ration between fruit and vegetables which are two distinct things.

Perhaps, that is me. :)
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Re: In the last year, real estate prices, such as those for hous   [#permalink] 08 Nov 2019, 11:27
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In the last year, real estate prices, such as those for hous

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