【正确答案】Changes in the Ownership of Houses
It can be seen from the chart that there have been dramatic changes in the ownership of houses in the city during the past decade. While the percentage of state-owned houses has dropped from 70% in 2002 to 18% in 2012, that of private houses has soared from 30% to 82% during the same period of time. This chart is an indicator of China's fast expanding economy and people's rising standard of life.
There are mainly two factors contributing to the trend. For one thing, owing to the policy of reform and opening-up, the past decade witnessed the rapid development of China's economy and significant improvement in people's standard of living. Therefore, people have extra money to improve their housing. For another, people's consumption concepts have changed. Nowadays, people attach more importance to their quality of life and more willing to buy while in the past they preferred to save instead of spending.
These changes have exerted a positive influence on both individuals and society. People will work harder to purchase a house of their own, which in turn has boosted the housing industry and national economy.