Soaring housing prices, high cost of raising children, work-related stress become too much for many to bear.
Property prices 70 major cities grew 11.7 percent in March from a year earlier, up from 10.7 percent in February, the biggest year-on-year increase for a single month after the bureau expanded its coverage ambit to 70 cities in July, 2005.
Runaway housing prices keep investors from realty stocks Luxury homes in demand
Standing in the shouting tumult of a Chinese real estate fair, Chen Shiyong said it seemed he was watching a suicidal man on top of a building ignoring the pleas of bystanders to pull back from the edge.
Shanghai is the top choice for Taiwan investors who are interested in property market outside the island, leaving Tokyo and Singapore immediately trailing behind, the China News Agency citing a local newspaper report.
Leng Hongli is riding high on the real estate express. Boosted by soaring housing prices, 30-year-old Leng earned 100,000 yuan ($14,700) in commissions last month after selling seven apartments in Beijing's Wangjing area.
As many as 95 percent of employees in Beijing real estate companies expect their income to be somewhere between 150,000 and 300,000 yuan in 2010, according to a survey report released on April 2.
After a long, quiet winter, the spring has brought a thaw in the sales of second-hand properties in Beijing, but the spike in business has led to a labor shortage at many of the capital's housing agencies.
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