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High Housing Price vs.Low Income

来源:必克英语 2010-12-07

        China’s housing price has become one of the hottest topics during the two sessions(两会) (NPC (全国人民代表大会)and CPPCC(中国人民政治协商会议)), as most ordinary Chinese people find it more and more difficult to buy a flat in cities. Is it because housing price is too high or people’s incomes too low.


 


Pros:


1.China's real estate market was artificially distorted(畸形的). It’s a big bubble and very dangerous. The government should take strong measures to stabilize housing prices.


2.Comfronting (面对)to high housing price,people have great stress and pressure for buying a new house,especially to young adults.they have worked to raise money for long time.They have long way to go if they want to buy a new house themselves. So most of them have to depend on their parents for one. Government should take active and efficient measures to control real estate market(房地产市场).People wish that they should buy new one someday.


Cons:


The housing price is relatively reasonable. What the government should do is adjust (调整)the structure of the national income distribution(分布), gradually increasing the proportion of the of residents’ incomes.


 

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