ParadoxDiff: Easy

Logic Breakdown

Passage Summary: Usually, owning a house means you're doing well financially. However, in many places, the more people own houses, the more people are out of work.

Reasoning: While home ownership is typically associated with economic success, data shows that regions with high home ownership also experience high unemployment rates.

Analysis: The paradox here is the tension between a sign of wealth (owning a home) and a sign of economic struggle (unemployment). To resolve this, we need a factor that explains why these two things might coexist or even cause one another. Perhaps home ownership makes people less mobile, preventing them from moving to areas with better job prospects. Look for an answer that provides a bridge explaining how high home ownership could lead to, or be a result of, a stagnant job market.

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5.

Which one of the following, if true, helps to resolve the apparent conflict described above?

Correct Answer
A
Home ownership making it harder to move explains how regions can be both prosperous (many homeowners) and still have high unemployment: homeowners are less able to relocate to where jobs are, so unemployment remains elevated.
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