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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Hong Kong
HONG KONG'S red-hot housing market shows no signs of cooling anytime soon.
Prices 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 of taxes and mortgage curbs.
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