General Studies · Statement and Reason

The given situation is followed by two possible reasons. Read the information carefully and decide which of the given reasons logically explains the situation. Situation: It is very common to see a cluster of adjacent residential multi-storey flats in City K that are owned by a company and are only available for rent and unavailable for purchase. These flats are preferred by people despite the fact that their rents are 15-20% higher than the average. Possible reasons: (I): Unlike individually owned apartments given on rent, these multi-storey flats offer two or more facilities, such as a pool, gymnasium, football field, and free Wi-Fi, without any additional cost. These facilities are otherwise not easily available and a huge amount may have to be charged for them. (II): A residential building in City K charges its occupants $30-$40 per month for parking and maintenance. However, these multi-storey flats owned by companies only charge $20 a month.