Our expert says:
Well one indication that your mental health is still intact is that you haven't lost your sense of humour! Seriously though, this sounds like a nightmare and you have my sympathies.
"Noise rage" and "noise burnout" (good terms!) haven't been documented as such as I'm aware, but the negative effects of noise pollution on health most definitely have. The stress and sleep disturbance as a result of noise pollution have been linked to mental health problems like depression and anxiety, and, yes, aggression. Psychiatric hospitalizations are higher in noisy communities. The stress from noise also raises risk for a range of other health problems. You do sound like your stress levels are very high, and might warrant medication to help get them back down - I think it'd be a very good idea to tell your doctor how you're feeling.
An intolerance to sound, or an excessive response to sounds which wouldn't normally bother most people much, is recognised as a disorder. The causes may be physical or primarily psychological, or a bit of both. "Hyperacusis" is an abnormal sensitivity to sound, and is more likely to have a physical basis. Phonophobia (fear of sound) or misophonia (dislike of sound), are excessive reactions to sounds with an emotional association - this sounds more like what you are suffering.
I wouldn't hesitate about calling the police; you are quite within your rights and unfortunately it probably is your only recourse in this case. If they are already being evicted, then there is not much point in notifying other authorities.
You can form a bit of a buffer against the Wall of Doom by installing more soft furnishings like carpets and curtains; put some furniture against it if possible! Try earplugs (though I have to say I take them out in my sleep). If I were you, I'd use this as a motivation to take some weekends in the country and get out of the house as much as possible.
Have a look at our Stress Centre (in "balance') http://www.health24.com/medical/Condition_centres/777-792-3728.asp especially the section on managing stress.
Stay in touch and let me know how it goes.
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