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Hong Kong: Housing crisis

New built residential buildings at the coast of Hong Kong island. Despite the recent hike in stamp duty by the government of Hong Kong in November, the housing prices still increased another 5%. The unexpected Brexit result in the United Kingdom and the devaluation of the Chinese RMB has made Hong Kong an attractive place of investment for oversea investors. (Photo by Alda Tsang / Pacific Press)

- Copyright: CronosFoto/Pacific Press, 2016 -

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Hong Kong Housing crisis
New built residential buildings at the coast of Hong Kong island.  Despite the recent hike in stamp duty by the government of Hong Kong in November, the housing prices still increased another 5%. The unexpected Brexit result in the United Kingdom and the devaluation of the Chinese RMB has made Hong Kong an attractive place of investment for oversea investors. (Photo by Alda Tsang / Pacific Press)<br />
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- Copyright: CronosFoto/Pacific Press, 2016 -