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  3. Housing is one of the most important issues concerning Chinese people now. The following graph shows the price of house in 1987

Housing is one of the most important issues concerning Chinese people now. The following graph shows the price of house in 1987

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问题 Housing is one of the most important issues concerning Chinese people now. The following graph shows the price of house in 1987 and in 1999 (Yuan per square meter). You are to write a composition within 35 minutes.
   You should write 160--200 words neatly on ANSWER SHEET2.
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答案 Housing, one of the most important issue concerning Chinese people, is under great reform in the 1990s. The above graph shows that the price of housing (yuan per square meter) increased steadily from 1987 to 1999. In 1987, the price of housing is 408 yuan per square meter, while in 1999, the price of housing is 2069 yuan per square meter, which shows that the cost of housing has risen by. 17.6% annually between 1987 and 1999. From the graph we know that the price of housing in 1999 is five times as much as that in 1987, which is the result of urbanization these years and the rise in prices of raw materials and labor force. The government can no longer afford to offer free housing for its employees and in order to encourage the development of its economy, our leaders aim at stimulating domestic consumption. Therefore, the whole country is undergoing a reform from government-granted housing to buying a house on one’s own. Considering the high inflation rate, people had better change their consuming psychology and buy their own house on mortgage instead of putting money in the bank.
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