FOUR out of five people think property prices are too high, according to a survey. But 37 per cent believed prices would continue going down. The survey, which was conducted by the pro-Beijing Democratic Alliance for the Betterment of Hong Kong (DAB), saw 990 people questioned about their views of the property market. About 78 per cent of respondents said they could not afford to buy property, and 27 per cent believed prices had hit their lowest point. More than 50 per cent believed the market would remain stable in the year to come. The DAB urged the Government to lower property rates and to build more public-rental flats for the needy. The Secretary for Housing, Dominic Wong Shing-wah, said yesterday that the Government was reviewing the quota of a housing-loan scheme for single people in a bid to encourage more people to buy flats. Mr Wong said the Government's policy was to help the market grow in a stable manner. He also said he was pleased with the banks' lowering of mortgage rates, which could encourage more people to buy.