How to address high housing prices?
Calls continue for Vietnam to finally and fully address its high housing prices.
Pressure from housing prices on low-income earners
Rising housing prices and stagnant wages continue to put pressure on low-income earners hoping to secure their own home, though solutions have been forthcoming.
PM orders tax study to crack down on real estate speculation
In 2024, real estate prices in certain areas and at specific times surged beyond the financial capacity of the populace.
How to lower housing prices?
Vietnam Economic Times / VnEconomy gathered opinions from industry insiders on solutions to lower housing prices and promote affordable housing to foster the sustainable development of a healthy real estate market.
Apartment prices continue upwards
Primary prices for apartments rose 2-4 per cent in HCMC last year and 15 per cent in Hanoi during the fourth quarter.
Housing prices up sharply
Housing prices in Hanoi and Ho Chi Minh City increased sharply in 2021, from 10-20 per cent, causing difficulties for people with demand to buy housing. According to analysts, the low supply of apartments, upgraded infrastructure, and recent upward trends in material prices are the main reasons behind rising prices.