Voters ask about the reasons for the increase in gold and real estate prices

Xuyên Đông |

Hanoi voters have just asked about the reasons for the increase in gold and real estate prices in recent times.

In addition to asking about the reason, voters in Hanoi suggested that the Government propose measures to prevent the increase (in addition to the measures the Government is implementing, such as: avoiding speculation, monopoly, etc.) to accurately reflect the value of goods and stabilize people's lives.

Regarding the content related to real estate prices, on the electronic information portal, the Ministry of Construction has the following opinion:

In recent times, real estate prices, especially housing and land prices, have increased beyond the affordability of the majority of people.

The increase in real estate, housing and land prices is due to many different reasons such as: Investment costs of projects increase due to input costs, especially increased land use fees; the supply of real estate and housing is still limited due to slow implementation of projects, difficulties in procedures and capital sources; the structure of real estate products is not suitable, there is a lack of affordable housing and social housing to meet low-income people.

Although the legal system has been amended and supplemented, there are still some problems and inadequacies, especially in the fields of land, bidding... there are many cumbersome and unclear administrative procedures in application, leading to slow implementation of many housing and real estate projects.

The organization and implementation of laws on planning, land, housing, planning, auctioning of land use rights, project bidding, etc. of localities in the work of approving policies and implementing new housing projects has not met social requirements; compensation, support, and resettlement work, and land price determination in some localities is still slow.

The development of social housing is still limited and not enough to meet the needs of the people. Some localities have not really paid attention to the development of social housing, have not implemented well the planning of land funds, compensation, support, resettlement, investment in technical infrastructure to have clean land funds, and assigned investors to implement projects.

There are still many real estate and housing projects facing legal problems, slow implementation, and stagnation, while the invested resources are very large, causing waste in land and capital, increasing difficulties and costs, thereby increasing product prices.

The structure of real estate and housing products is not suitable for actual needs. The supply of housing products is mainly in the high-end and mid-range segments, lacking real estate products, which are affordable housing for the majority of people, especially housing for low-income people in urban areas.

In addition, the increase in real estate and housing prices is also affected by the behavior of some investors, investors, and brokerage individuals hoarding, raising prices, speculating, and disrupting market information.

The Ministry of Construction proposes some solutions as follows:

To solve the problem of controlling real estate prices and creating conditions for people to access housing, especially social housing, on November 10, 2025, the Ministry of Construction issued Document No. 13173/BXD-QLN to the Prime Minister, in which it proposed to propose a number of solutions as follows:

The Ministry of Construction coordinates with the Ministry of Agriculture and Environment, the Ministry of Finance and relevant agencies to complete the pilot project of the model of a real estate transaction center and land use rights managed by the State to report to the Government to submit to the National Assembly a Resolution on a real estate transaction center and land use rights established by the State.

The Ministry of Construction coordinates with relevant ministries and branches to continue promoting the implementation of social housing development policies to create a housing supply for the market.

In which, urgently organize the implementation of the Decree on the national housing fund and the Resolution of the Government on the sudden development of social housing.

The Ministry of Construction continues to study policies for developing affordable housing to propose contents to be included in the Law amending the Housing Law in 2026.

The State Bank of Vietnam continues to review and evaluate credit regulations related to the real estate sector to propose credit regulation measures to ensure compliance with the practical situation.

The Ministry of Finance continues to review and evaluate financial and tax regulations related to the real estate sector to propose financial and tax regulations to ensure that they are suitable for the practical situation and at the appropriate time.

Relevant ministries and branches review and complete legal documents under their authority such as land, investment, construction, urban and rural planning, etc. to promptly remove difficulties, obstacles, reduce and simplify procedures.

Xuyên Đông
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