Identify the Type of Fallacy in the Following Passage

question 33

Essay

Identify the type of fallacy in the following passage.
Housing is far too expensive in this country. Why, the median price of a home in most of California is now over $350
,000.

---

Definitions:

Transnational Corporations

Large companies that operate and have assets or production facilities in more than one country, often exerting significant economic influence across national borders.

Virtual Goods

Items that are purchased in digital form, often within online communities or video games, which have no physical existence yet hold value for the purchaser.

Traditional Sweatshops

Workplaces that have very poor, socially unacceptable working conditions and may exploit workers.

Contingent Work

Employment arrangements that are temporary or freelance in nature, often without the long-term commitments or benefits associated with full-time work.