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Property

Sky-high Hong Kong property market could hit turbulence

Low debt ratios make crash unlikely, but capital outflows could hit prices

| Hong Kong, Macau
Hong Kong property prices have more than doubled since the 2008 global financial crisis, making the city Asia's most expensive market.   © Reuters

It is always difficult to predict when a bubble may burst, but the current level of prices in the Hong Kong residential property market suggests that there could be a correction in 2018, if not a U.S.-style crash.

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