Changes in the Ownership of Houses
As the chart above shows, the rate of state-owned and private is declining year by year. From 75/25 in 1990 to 60/40 in 1995 and finally reduce to 20/80 in 2000. We can easily see that private ownership of house is increasing rapidly.
What contribute to the phenomenon？From my personal perspective, I feel the reasons may be as follows: in the first place, the government makes some policy about improve economics and it is working, so we have enough money to buy a house that is totally belong ourselves. In the second place, we have special emotion about house. We think everyone should have a house that totally belong ourselves, which could give us some feelings of safety or something else we can’t express it clearly.
When we own the house of ourselves, we will work harder to maintain it. Beyond any dispute, that is very helpful for society. The company will get more benefit than past and then the economics will be enhanced.
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Changes in Home Ownership
As the chart above shows, the ratio of state-owned to privately-owned homes is declining year by year, from 75/25 in 1990 to 60/40 in 1995, and finally reduced to 20/80 in 2000. We can easily see that private ownership of houses is increasing rapidly.
What Is contributing to this phenomenon？From my personal perspective, I feel the reasons may be as follows: first, the government has implemented improved economic policies and this has been working, so people have enough money to buy their own homes. Secondly, we have special feelings about houses. We think everyone should own their own home; this gives us a feeling of safety or something else we can’t quite express.
When we own our home, we work harder to maintain it. Without a doubt, that is very helpful for society. Companies will also benefit and the economic situation will be enhanced.
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