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China flagKatrina
IT IS IMPORTANT TO CONTROL HOUSING PRICE A new policy on controlling housing price of China was issued by the goverment last month. It received a warm welcome by lots of people, especially the people who don't have real estate. I also support it. Recently the housing price has risen so fast that many people can't afford it. We have to pay more money for housing, that affects our lives' quality, even brings some more serious society problems. In my opinion, housing shouldn't be considered as general goods, it is unfair to invest it and earn money. More and more rich people invest it, as we know,they have several houses, that causes market demand of housing becomes large, so the housing price keeps rising, it results that lots of normal people can't afford it, in a word, the gap between rich people and poor people becomes larger and larger. I think the government must control the market of the real estate. In order to keep the society steady, it is necessary to restraint the high housing price and make it reasonable. I believe our lives will be happier if the housing price keeps reasonable.

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IT IS IMPORTANT TO CONTROL HOUSING PRICE

A new policy on controlling housing prices in China was issued by the goverment last month. It received a warm welcome by lots of people, especially the people who don't own real estate. I also support it. Recently the housing prices have risen so fast that many people can't afford to buy. We have to pay more money for housing. This affects our lives' quality, and even brings some more serious social problems along with it. In my opinion, housing shouldn't be considered as general goods. It is unfair to invest in it and earn money. More and more rich people are investing in real estate, and as we know,they have several houses, which causes the market demand for housing to increase. Therefore, the housing prices continue to rise, and results in lots of normal people not being able to afford it. In a word, the gap between rich people and poor people becomes larger and larger. I think the government must control the real estate/housing market. of the real estate. In order to keep the society steady, it is necessary to restraint the high housing prices in order to make it reasonable. I believe our lives will be happier if the housing prices remain reasonable.

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