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英文作文 housing prices

A complaint against soaring housing prices
China is undergoing another wave of depressing housing prices nowadays. As we can see, in recent years, the housing market price in
China has become a political issue because the price is not only increasing fast but also high in absolute value. Statistics show that the increase rate was 13.6% in 2010 for the whole country, and in some big cities, like shanghai, the corresponding rate is much higher. It is not surprising to see a lot of complaints on the phenomenon of growing prices in the housing market.

So what cause the housing prices soaring and why is there a fierce complaint among the citizens about the housing prices? At the beginning, we need to know some main reasons caused the prices increasing: First, along with the improving of people’s living
conditions, the demand of housing increased rapidly, however, the supply is in a shortage; Second, more and more people leave their home in rural country, moving into city so the population grows; Third, the cost in material, labor especially the land fees raise rapidly. Based on these facts, we all should have some knowledge about the contemporary situation. While, if the facts are all reasonable, where the complaints on earth come from?

On one hand, the soaring housing prices lead to a lot of low
income families would not afford a house. Not only these poor families,

but also many office workers have to spend half of their lives to work for a house, or even the rest lives, let alone our graduated students. This does harm to the process of improving people’s housing condition and increase the risk of bank credit. On the other hand, many businessmen of the real estate unite an alliance which can control the market as a puppet. Thereby, rises in price of the real estate often happened instead of normally, regularly. From the above analysis, it is really the time now for the government to take several enforceable measures to control the real estate price to keep the social stability.


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