- In many localities, apartment prices are actually stagnating or increasing, not decreasing. The reason for this is the rising cost of land and construction for businesses. And the most important factor affecting apartment prices is supply and demand. Although supply has increased, it is still very small compared to demand. When these two factors remain far apart, hoping for a decrease in house prices is just a pipe dream.
- Are there any other noteworthy developments in the housing market?
- One factor that will significantly impact the real estate sector is the high rate of delayed payments of both principal and interest on corporate bonds. In the real estate sector, this delayed payment rate is the highest among all bond-issuing companies. This means that the real estate sector is still undercapitalized. Project security is uncertain, and on the other hand, house and land prices continue to rise due to high capital costs.
- Housing shortages are particularly prevalent among low-income groups. If housing prices don't improve, when will they be able to afford a place to live?
- The feasible solution in the near future is to increase the supply of rental housing and keep rental prices stable. With high housing prices, owning a home will be difficult. For most people, long-term rental at an acceptable price is the most suitable option.
Source: https://www.sggp.org.vn/lua-chon-phu-hop-post809531.html
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