24h Real Estate: Housing prices escalate, affecting the birth rate

Khương Duy |

Housing prices are escalating, affecting the decreasing birth rate; The minimum area to be granted a red book when dividing a plot is currently... are notable news.

Stop construction of illegal construction at Hai Phong College of Arts

Kien An Ward (Hai Phong) has just worked with Hai Phong College of Arts and Technology on handling construction works that violate urban planning.

Phuong Kien An yeu cau dung thi cong cong trinh tai Truong Cao dang Bach Nghe Hai Phong. Ảnh: Cong TTDT phuong Kien An
Kien An Ward requested to stop construction at Hai Phong College of Fine Arts. Photo: Kien An Ward Portal

At the meeting, Mr. Nguyen Tung Lam - Permanent Vice Chairman of the Ward People's Committee - requested the Ward's Economic, Infrastructure and Urban Area Department to base on its functions and tasks to prepare a record of administrative violations, a working record to verify the details of violations regarding the construction of illegal planning of Hai Phong College of Arts and complete the handling procedures according to regulations.

Hai Phong College of Arts complied with the suspension of construction, not allowed to cause construction; coordinated with competent authorities in handling violations. See more...

Commune officials directly issue red books to people, exempted from confirmation of uncontested land

Hanoi - Ngoc Hoi commune has just completed the procedures for granting red books to 7 citizens in the area.

As one of the 7 citizens granted red books, Mr. Nguyen Van Chu said: "This is the first time my family has been granted 30m2 of resettlement land, which is also the first time a certificate has been granted. The time is very fast. Since the new government apparatus, procedures have been compact and convenient, and people do not have to travel much. We are very excited and must thank this change".

Thu tuc cap so do cho nguoi dan hien nay duoc thuc hien tai cap xa. Anh: Anh Tuan
The procedure for granting red books to people is currently carried out at the commune level. Photo: Anh Tuan

Mr. La Van Huy (Ngoc Hoi commune) also did not expect all procedures to be quick and clear, completely different from previous concerns. "The first thing is not to travel hard, and to be close to home. The professional staff enthusiastically guided and created conditions for the issuance of books as soon as possible," said Mr. Huy.

Ms. Tran Vu Yen - Head of the Economic Department of Ngoc Hoi commune - said: "When directly handling 14 administrative procedures on land at the commune level, we noticed positive changes, bringing practical benefits to the people.

First, people do not have to go up the route, saving time and costs. Second, all procedures are carried out right near the house, with direct guidance from commune officials, improving the efficiency of handling work.

More importantly, it will gradually help eliminate the gap, making the government closer in the eyes of the people". See more...

Minimum area to be granted a red book when dividing plots in 2025

The issuance of red books due to land division must comply with the provisions of law, ensuring the minimum area for the type of land in use according to the regulations of the Provincial People's Committee. Video: Thach Lam

Housing prices escalate, affecting the birth rate

In the latest news, the Vietnam Real Estate Brokers Association - said that along with the trend of late marriages and the popular "bride-and-season, lazy to give birth" mentality among young people, especially in large cities, Vietnam is entering a rapid aging population.

Gia nha leo thang, thu nhap cham tang khien gioi tre de dat chuyen cuoi va sinh con. Anh: Hai Nguyen
Escalating housing prices and slowly increasing income have caused young people to hesitate about getting married and having children. Photo: Hai Nguyen

According to data from the General Statistics Office (now the Statistics Office), the average age of first marriage has increased from 24.1 years old (in 1999) to 27.2 years old (in 2024). Meanwhile, the birth rate in 2024 has fallen by half compared to 1989, to an all-time low of 1.91 children per woman and has tended to decline more rapidly in the past two years.

Notably, in major cities such as Hanoi and Ho Chi Minh City, the birth rate is moving towards the "seriously low birth" zone (under 1.3 children/woman) according to the United Nations' classification. And one of the reasons that must be mentioned, as the Vietnam Institute for Real Estate Market Research (VARS IRE) has informed, is due to the constant increase in living costs and especially housing prices, establishing a new price level far exceeding the average income of young people. The trend of "getting married and lazy to give birth" is not only a result of expensive living conditions, but in the long term will gradually become a reversal factor affecting the real estate market. See more...

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