Shark Hung: Buying a house at a very young age is not smart

However, Shark Hung (Vice President of Cen Group) has a completely opposite view on this issue. “I want to tell young people that buying a house at a very young age is not smart, really not smart. You should rent a house, use that money to invest in other things to increase your assets, to accumulate knowledge, to have opportunities to earn a lot of money”. Shark Hung's full name is Pham Thanh Hung, born in 1972 in Hanoi . He is currently the Chairman of Century and Real Estate Development Joint Stock Company Ceninvest, Vice Chairman of the Board of Directors of Cengroup. Shark Hung currently holds assets worth thousands of billions of VND. Vice President of Cengroup believes that buying a house without enough financial potential will be a huge burden. Buyers are always focused on earning money to pay principal and interest to the bank, missing out on many development opportunities. When you start having your own family or have enough financial ability, think about buying a house. Then, you can rent it out and rent another place with a lower price than the rental price, then every month you will have a certain amount of money saved.