Easing policies and credit help young people and low-income people increase their access to housing

In 2025, credit growth is expected to increase to 16% and real estate loan interest rates are continuing to decline. In particular, in the first quarter of 2025, many commercial banks have launched preferential loan packages for young people to borrow to buy houses.

With the loosening of policies and credit, young people and low-income earners have increased access to housing. (Photo: PV)

This is one of the signs of cash flow recovery, similar to 2014. With the cash flow consolidated, the market will continue to follow the recovery path from the second quarter of 2025.

By the end of 2024, target of 1 million social housing units has recorded certain progress. According to data compiled by Batdongsan.com.vn, the progress of social housing development from 2021 to the end of October 2024 is as follows: 66.75 thousand units completed; 114.6 thousand units started construction; 412 thousand units approved for investment policy and 406.65 thousand units not yet implemented.

Remarkable, Decree 100/2024/ND-CP The detailed regulations of a number of articles of the Housing Law on the development and management of social housing have further relaxed some regulations for social housing buyers. In the period of 2025-2027, many social housing projects are expected to be started and opened for sale in many localities such as Hanoi , Ho Chi Minh City, Da Nang, Bac Ninh, Binh Duong... with selling prices ranging from 13-25 million VND/ ^m2 .

Another notable point is that the current market has the greatest expectations for policies to loosen credit loans for real estate purchases.

Responding to the survey in the first quarter of 2025 by Batdongsan.com.vn, 67.1% of brokers expect the policy of "Loosening credit for real estate loans", 47.9% of brokers expect "Reducing taxes and real estate transaction fees", 43.4% of brokers expect "Speeding up legal progress".

In 2025, credit growth is expected to increase to 16% and interest rate Real estate loans continue to decline. In the first quarter of 2025, many commercial banks launched preferential loan packages for young people to borrow to buy houses.

Mr. Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn, commented that this is one of the signs of cash flow recovery, similar to 2014. With the cash flow consolidated, the market is expected to continue on the recovery path after the second quarter of 2025.

Also according to data from Batdongsan.com.vn, while the demand for rental properties did not record any significant fluctuations, the demand for real estate for sale in Hanoi and other provincial areas was quite active in the first weeks of March 2025.

Compared to February 2025, search demand in Hanoi increased by 27%, in other provinces and cities increased significantly by 75%, and in Ho Chi Minh City recorded an increase of 20%.

Source: https://baoquangninh.vn/noi-long-chinh-sach-va-tin-dung-giup-nguoi-tre-va-nguoi-thu-nhap-thap-tang-co-hoi-tiep-can-nha-o-3360944.html