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With house prices creeping up in hot spots around the world, what is the risk of a global housing bubble of the sort which caused the credit crunch crisis of 2008? We talk to Liam Bailey, Global Head of Residential Research at estate agents Knight Frank about where the price hikes are highest and why. And Berenberg chief economist Dr Holger Schmieding and Adam Challis, head of residential research at Jones Lang LaSalle consider what the implications are for future economic stability of a heated property market. And is self-confidence always an advantage? Lucy Kellaway isn't so sure.