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Tokyo ranks 2nd globally for housing-bubble risk

GENEVA (Kyodo) -- Tokyo ranked second worldwide for housing-bubble risk behind the Swiss city of Zurich, with the cost to buy a 60-square-meter apartm

  • Tokyo ranks 2nd globally for housing-bubble risk, behind Zurich
  • 60-sq-meter apartment near city center costs 10 years of average skilled worker's income
  • Hong Kong identified as least affordable market surveyed

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