Write on article on ”Changes on State-owned Houses and Private Houses of China”. In your article you should write about
1)the present situation
2)the possible causes
3)its impact
You should write 160~200 words.
Changes on State-owned Houses and Private Houses of China
Ownership of houses in Beijing has significantly changed in recent years. In 1990, 75 percent of the houses were state?owned. But in 1995, the ratio of state-owned houses to private ones was 60 to 40. And the ownership changed dramatically since 1995 and by the end of the century, 80 percent of houses were private.
There might have been two main reasons. One of the reasons was the policy of the government. In the 1990s,
China carried on with its reform policy and the government called for privatization of the sate-owned estate. But it took time for the reform to come into effect. But from 1995 on when people have recognized its significance, the reformation took bigger steps. Another reason was that the people were getting better off and they could afford buying their own houses.
Such changes have had great impact on individuals as well as the society. On one hand, the individuals must save money to buy an apartment or to pay the mortgage. On the other hand, a heaven burden has been taken off the government so that it can take more effective measures to improve people’s life.