Living Large in Asia; Hong Kong and Singapore find the price of success may be just too high.

From: Newsweek International | Date: August 6, 2007| Author: Wehrfritz, George; Kolesnikov-Jessop, Sonia | Copyright information

Byline: George Wehrfritz and Sonia Kolesnikov-Jessop

Well-heeled expatriates in Asia's financial capitals generally have life pretty easy. But this summer, those in Hong Kong and Singapore are starting to sweat. The problem? Sizzling real-estate markets that make even bankers blink, and international schools packed like the Tokyo subway at rush hour. One-bedroom flats in Hong Kong's toniest buildings now go for $5,000 per month. Office rents in Singapore have shot up 105...

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