Question

Identify if there exist argument. Then, separate the argument into premises and conclusion. "Well located, sound real estate is safest investment in the world. It is not going to disappear, as can the value dollars put into savings accounts. Neither will real estate values be lost because of inflation. In fact, property values tend to increase at a pace at least equal to the rate of inflation. Most homes have appreciated at a rate greater than inflation (due mainly to strong buyer demand and insufficient supply of newly constructed homes)."

a. Exists
b. Does not Exist

Answer 1

An argument exists in the given statement, supporting the idea that real estate is a stable and secure investment. The premises provided discuss the safety, inflation resistance, and appreciation of real estate, leading to the conclusion that real estate is a sound investment.

Step-by-step explanation:

There exists an argument within the student's statement regarding the stability and benefits of investing in real estate. An argument is comprised of one or more premises that support a conclusion.

Premises:

• Well located, sound real estate is the safest investment in the world.
• Real estate will not disappear like the value of dollars put into savings accounts can.
• Real estate values are not lost because of inflation.
• Property values tend to increase at a pace at least equal to the rate of inflation.
• Most homes have appreciated at a rate greater than inflation due to strong buyer demand and insufficient supply of newly constructed homes.

Conclusion:

Therefore, investing in real estate is a stable and secure investment.