Directions: in this
part, you will read a selection of texts,
such as magazine and newspaper articles,
letters, and advertisements. Each text is
followed by several questions. Select the
best answer for each question and mark the
letter (A), (B), (C), or (D) on your answer
Questions 196-200 refer
to the following classified ad and article.
Only 8 remaining!
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To Rent or Own?
By Mary Harris
With interest rates at an all-time low,
real estate agents are pressuring international
clients to buy rather than rent a home.
Is the housing market really as good as
they say? Some experts say no. To buy a
one-bedroom apartment in downtown Vancouver,
a foreign investor will spend close to $300,000,
says Vicki Green, a real estate analyst
with more than 20 years in the business.
Though the property may offer a beautiful
view of the mountains from the twenty-first
floor, there is no guarantee that another
tower will not be built in front of it.
Property owners throughout
the downtown core have complained of their
properties losing value for this very reason,
Green says. The idea of purchasing property
in order to rent it out for profit is also
becoming less attractive. "Finding
tenants who are willing to pay up to $2000
per month to cover someone else's mortgage
is not as easy as it used to be," says
Green. Living outside of the city and commuting
to work is becoming more and more appealing
to renters who can't afford urban prices.
196. What is
(A) Real estate services
(B) Rental agencies
(C) Beachfront restaurants
(D) Interest-free bank rates
to the ad, why is Canada a good place to
buy a home now?
(A) There are a lot of jobs on the market.
(B) Housing prices are dropping.
(C) Interest rates are low.
(D) There are many condominiums available.
Who is used as a source in Mary Harris's
(A) A real estate expert
(B) A financial expert
(C) A marketing agent
(D) A foreign investor
Which of the following statements
from the ad does Vicki Green disagree
(A) Condominiums can be turned into
(B) Canadian banks offer low-interest
(C) Pacific Realtors help people find
(D) Vancouver is a profitable housing
might foreign investors have difficulty
turning their Vancouver homes into
(A) Fewer tenants are choosing homes
in urban centers.
(B) Canadians prefer to rent from
(C) Renters don't like driving to
(D) Canada's laws don't allow international