medium · LSAT Logical Reasoning

You should buy a house now, because interest rates are at an all-time low.

Which one of the following is an assumption required by the argument?

  1. Whatever financial advantage the historically low rates offer is not entirely cancelled out by some countervailing factor, such as unusually high home prices
  2. Among all the considerations a prospective buyer might weigh in deciding when to purchase, the level of interest rates is the only one that should ever matter
  3. Interest rates, having now reached the lowest point ever recorded, will not climb back upward at any later time, in this market or any future one
  4. Purchasing a home is the single best investment available to any person at all, no matter what the prevailing interest rates happen to be at the time
  5. Most people who buy their homes during periods of low rates end up feeling satisfied, in clear hindsight, with the very timing they chose for the purchase

Sign up free to see the explanation and track your rank →

More LSAT Logical Reasoning practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 75,000+ practice questions, 26,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials