ASIA: Real estate boom or bust

Updated October 22, 2007 19:16:56

A new luxury apartment in Hong Kong has just sold for a record price of more than 14 million US dollars. It's a reflection of the city's booming housing market, a boom that's being seen in major cities across the Asian region. But analysts are warning the good times can't last.

Presenter: Joanna McCarthy
Speakers: Bob Broadfoot, managing director of Political and Economic Risk Consultants