Saturday, December 19, 2009

Property madness #7: Stress from property

Recent news article on a white collar survey:

Six out of 10 Chinese white-collar workers say they are feeling over-fatigued due to work and other pressures, a survey has found. The No 1 cause of anxiety is the ever-increasing cost of housing and property, the survey reported.

About 76 percent of office workers are over-worked and not entirely healthy, samples from 3 million health checks in 15 cities showed. Many higher-income people between the ages of 35 and 50 are biologically 10 years older than their actual age, with worsening health, the survey said.

Buying property ranks as the No 1 cause of pressure for 46 percent of those interviewed, followed by parents' health, difficulty in finding a spouse, and children's education.

The increasing gap between income and housing prices is causing much stress and some 85 percent of families cannot afford to buy a house, the survey said.

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