Home prices in Hong Kong are the highest in the world but people are still desperate to get their own piece of real estate.
The city has experienced a buying spree for nearly a year, pushing home prices up 23 percent.
The last time a similar frenzy happened in 1997 and the market crashed soon after.
Al Jazeera’s Divya Gopalan reports from Hong kong.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: http://www.aljazeera.com/