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Five reasons Hong Kong housing market defies doomsayers

Even though runaway growth has put the city in bubble risk territory, prices are expected to keep rising

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Buyers in Hong Kong have set new records for everything from luxury homes to undeveloped residential land.

Hong Kong

HONG KONG'S red-hot housing market shows no signs of cooling anytime soon.

PricesĀ in the city have climbed 11 per cent this year, defying sceptics waiting for the bubble to burst and government attempts to rein in the world's most expensive housing market through a raft

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