Property prices 'causing distress'

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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.

Less than 3 percent of the respondents interviewed is completely healthy, said the White Paper on the Health of Chinese White-Collar Workers, released on Sunday by the Chinese Medical Doctor Association.

The survey interviewed people aged between 26 and 45, with monthly incomes of between 5,000 yuan ($732) to 10,000 yuan.

Property prices 'causing distress'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.

The ratio of housing price to family income should be three to six times, while in China the ratio this year is expected to reach 8.3, far exceeding the reasonable scope, the Economic Blue Paper published yesterday by the Chinese Academy of Social Sciences reported.

The survey said that the land supply system and developers' land stockpiles have also contributed to the out-of-reach property prices.

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