Manhattan test SE Question

[karthiksms]

Hi Tommy,
Sentence Equivalence question

The consultant could tell immediately that his company’s proposals to curb home foreclosures would be__________ by their nationwide client; new state regulations had made it more advantageous to flush out the housing market.
dismissed
inured
abhorred
considered
substantiated
rebuffed

Ans: dismissed and rebuffed.

Could you please explain what is meant by "flush out the housing market". I am still confused on why "dismissed" is the answer? What does "it" refer to in the sentence "new state regulations had made it more advantageous to flush out the housing market"

[tommywallach]

Hey Karthik,

It just means "to clear something out" in this usage. So they want to empty out all the houses, so they won't want to stop foreclosing. Make sense?

-t