It can be seen from the graphs that in the past 10 years , great changes have taken place in the ownership of houses in China. In the first five years, the percentage of private ownership of houses was comparatively small while the public ownership of houses was large. However, the percentage of private and public ownership of houses has been changed a lot in the recent five years, that is , the private ownership of houses was increasing fast. Meanwhile, the public ownership of houses has been decreasing . www.test99.com
What are the reasons for the changes? In my opinion, there are three possible reasons for the changes. First, in the past ten years, China has been experiencing a great change or reform both economically and politically. The people’s living standards have been improved a lot. Most of them do not want to wait for their turn to live in houses of public ownership as ever. They can afford to buy the houses they want by borrowing or loan from various resources. Second, most people begin to change their way of living and thinking. They do not save a lot of money in the bank for their children as their parents did in those days. They begin to enjoy the life . Third, the increasing private ownership of houses has also contributed a lot to the economic development of the country. www.test99.com
Then , what is the possible influence of this change? So far as individual is concerned, he can devote himself to his career without worrying about whether he will have a house of his own in the future. Because he knows for sure he can buy a house with the money he earn from his work. On the other hand, this change will certainly have a profound effect on the society because it will push forward the step of the development of the society by relieving the social burden of all kinds. www.test99.com