'Sharing the fire' for the housing market

Speaking to the press, National Assembly Delegate Tran Hoang Ngan ( Ho Chi Minh City Delegation) said that the Resolution is an important step forward demonstrating the determination of the National Assembly and the Government in taking care of housing security. However, for the policy to truly come into life, there needs to be more synchronous and fundamental solutions, especially the policy of developing rental housing, to address the very high housing needs of workers today.

Photo caption — Delegate Tran Hoang Ngan answers questions from VNA reporters. Photo: Hai Ngoc/VNA

How do delegates evaluate the initial effectiveness of this Resolution on the social housing market and the issue of mobilizing social resources?

The issue of social housing is of great concern to the people. It can be said that the recently issued Resolution has created a strong ripple effect in society, showing that the policy is on the right track, meeting practical needs.

It is noteworthy that the Resolution has contributed to mobilizing resources from economic sectors, especially the private sector, to participate in investing in social housing development. However, the current supply is still quite modest compared to the huge demand of the people, especially the low-income labor group.

General Secretary To Lam, in many recent statements, has emphasized that, along with economic growth, special attention must be paid to issues of social security, environment, culture, health, education and of course, housing for the people.

According to you, what are the fundamental solutions to implement the resolution more effectively in the coming time?

First of all, each locality must strictly implement the National Assembly 's directive, focusing on removing institutional obstacles to unblock "frozen" projects, creating a supply of commercial and social housing.

If we only focus on developing social housing, it will not be enough to “share the fire” for the market. We need to simultaneously develop many segments of affordable commercial housing, rental housing, etc. to increase the diversity of supply. When the supply is more abundant, the price of commercial housing will decrease, leading to a decrease in the price of social housing.

It is especially necessary to increase the rental housing type for workers. This is the group with the greatest demand, because most of them come from rural areas to urban areas to work temporarily. After finishing their work in industrial parks and export processing zones, they return to their hometowns. They need stable housing, not necessarily buying a house. If there is a good policy to develop rental housing, it will both meet the actual needs and share the pressure on the current social housing segment. I think it is necessary to increase the supply of social housing in the form of rental.

For rental housing, the private sector may not be interested, so the state, enterprises and state corporations need to play a pioneering role. We can take advantage of public land and surplus public assets to build low-cost rental housing areas. Restructure local public utility enterprises for management. These areas are not only places to live, but also must become cultural - civilized - modern residential areas, with good living space and environment, associated with cultural, medical and educational facilities.

Some people say that, even though it is social housing, the selling price of many projects is still high, even nearly 30 million VND/m². What is your opinion on this issue?

When it comes to social housing prices, it is important to pay attention to the cost. Currently, when reclaiming land, investors must compensate according to market prices, while ensuring the rights of people whose land is reclaimed. Therefore, construction costs are high.

In my opinion, in this context, we need to focus on developing rental housing, because this is a practical solution for low-income workers. People who have the need to save, have strong finances, and have interest rate support policies... can buy houses. The largest force today is low- and middle-income workers. Instead of letting them rent in temporary, unsafe places, the state should invest in or support the construction of quality rental housing areas, ensuring fire safety and adequate cultural and social infrastructure.

When these model rental housing areas are formed, it will encourage the private sector to upgrade existing boarding houses, creating a more civilized, safe, and synchronous housing system.

So, according to the delegates, what policies need to be added in the coming time to make the implementation of the Resolution more effective? How should the National Assembly's supervisory role be carried out?

I think there needs to be more specific policies for rental housing development, including the effective use of public land and surplus public assets after administrative boundary arrangement. In addition, it is necessary to review decentralization and delegation of authority in implementation.

Delegations of the National Assembly need to strengthen regular supervision. During the 16th National Assembly term, there should be a special supervision topic of the National Assembly Standing Committee on this issue, in order to comprehensively evaluate, remove obstacles, improve the quality of life and happiness of the people. The greatest happiness of the people is to have a stable place to live so that they can study, work and do business with peace of mind.

Thank you very much, Delegate!

Source: https://baotintuc.vn/kinh-te/chia-lua-cho-thi-truong-nha-o-20251028125633455.htm