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High housing price impacting Chinese middle-class people's health | China's high housing price is impacting middle-class
fortunes and causing them health problems, according to a survey done by two Chinese universities. The survey, jointly conducted by the Beijing-based Xiaokang Magazine
and Tsinghua University, said Chinese middle-class people are under great pressure
and do not feel good about their health: 88.9 percent said they were or will be
over fatigued, and 53.3 percent said they were not satisfied with their physical
and mental conditions. Respondents of the survey were civil servants and white-collar
workers in the city. They are mainly post 80s, 70s and 60s, with more than 80
percent of them having a monthly income of more than 3,000 yuan (440 dollars),
the China Daily reports. "If the soaring housing price cannot be curbed effectively,
China's middle class may collapse," said Tang Jun, a sociologist with the China
Academy of Social Sciences. About 80 percent of civil servants and white-collar
workers said they were under great pressure, and more than 60 percent said their
pressure was mainly about buying a house and paying mortgage loans, the survey
said. More than 60 percent of the respondents said they were sacrificing their
health for money, with 16.1 percent saying they can accept this deal and 45.4
percent saying they don't want to accept this deal but have no choice, according
to the survey. |
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