Housing demand among Vietnam’s Millennials and Gen Z remains structurally strong, although the pace of purchasing activity is changing due to some pressures.
The trend of home ownership has taken hold among young people in Vietnam. According to DKRA Vietnam, over the past decade, the proportion of people under 35 years old buying a house has increased 23 per cent. CBRE Vietnam, meanwhile, believes that Gen Z and millennials will be the main buyers in the real estate market over the next few years.