Question: In the last decade, most global cities have experienced a substantial property price appreciation. With reference to the case of Hong Kong, or any

In the last decade, most global cities have experienced a substantial property

In the last decade, most global cities have experienced a substantial property price appreciation. With reference to the case of Hong Kong, or any other city in the world, discuss what factors lead to the escalation of the residential property prices in the last ten years. Discuss the impacts of the appreciation of residential property prices on the economy.

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