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.
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.
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.
