Hong Kong's real estate market has been en fuego over the past several years, but major cracks are now forming. Witness the slashed prices in the window advertisements of these rental agencies -- as recently as 3 months ago the market was still white hot. How quickly things turn, chalk it up to the global financial meltdown. Can't say I'm playing the violin the local landlords who've been holding would-be renters hostage for far too long. Their turn to bleed.
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