Text-1 Read the text. Then choose the correct answer for questions 1-2

Read the text. Then choose the correct answer to question 64-66.
China’s economy is so huge that it is easy to forget the country’s property market is still in its adolescence Two decades ago, most city-dwellers had to live in basic, old accommodation, provided by their state-owned employer. Since then, house building has developed greatly as has the notion of home ownership. However, the market has been experiencing sudden changes and prices are falling in many cities This is having an impact on local governments which carry out four-fifths of the country’s spending but only receive half of the taxes in income. To help make up the difference, they rely on buying land from farmers and selling it to property developers. But as developers struggle, land sales are decreasing and local governments are receiving less money. In other countries, local governments raise money by taxing homes, but in China, this is a sensitive subject. People feel that they already pay too much to a state that, provides too little.