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Housing reform is necessary.
In the past few years, the State has spent 30 billion Yuan a year on building
and maintaining houses and subsidizing rents.
Yet the investment has produced little financial return and a housing
shortage still exists.
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Commercialization of housing would stop some officials from abusing their
positions to obtain extra or larger houses.
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Many couples who work in different units have two apartments living in one
and keeping the other for their children's future marriage.
This situation can only be changed by housing reform.
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There are still cases of three generations sharing one room.
Simply because the State does not have enough money to improve their housing
conditions.
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If only one half of the state-built houses nationwide are sold to urban
residents, up to 200 billion Yuan will be recouped.
This can be used to invest in the construction of more residential dwellings.
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Housing reform is necessary, for it will stop the "backdoorism" in the
previous system of housing assignments.
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The construction costs shared by local governments.
Then would-be buyers and local enterprises, people can buy a two-room apartment
for only 6,000 to 10,000
Yuan.
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Many people still live in dangerous and old houses, which can only be improved
with money collected through higher rent.
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