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Five years on from the crash, property prices have hit new highs. Where are home values rising fastest?
Policymakers have also tried to take the heat out of Hong Kong's property market. Strong credit growth in China and ultra-loose monetary policy in the United States have helped fuel the boom.
Related: Farming for fish in Hong Kong's high-rises
Offshore investors -- along with market speculators -- have been big buyers of real estate in the land-strapped territory.