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Hot-Air Buildup in Hong Kong

Wall Street Journal Original article ›

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Apartment prices in HongKong are up 28% so far in 2009. THey are at their highest levels since the 1997 Aisna financial crisis. This occurs with rising unemployment and falling household incomes. It is fueled by low interest rates and cash rich investors from mainland China.

Hong Kong real estate and developing bubble in late 2009.

08/28/2009

One 6000 square foot aprtment in Conduit 99 building overlooking the harbor sold for $56.5 million.

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Hong Kong's New Leader Is Sworn In

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Central Bankers Hone Tools to Pop Bubbles

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In Hong Kong, One-Bedroom Apartments That Could Fit in a Bedroom

New York Times 11/18/2014

Hong Kong Mood Is Dour as President Hu Jintao Returns

New York Times 06/30/2012

In Hong Kong, the Apartments Are Fit for a Mosquito

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