Nguyen Thi Bich (29 years old, from Nghe An) is working as a communications employee for a company in Hanoi, with a monthly income of about 26 million VND.
This is the salary that many people want, but to buy a house in Hanoi, Ms. Bich is forced to borrow money from the bank.
According to Ms. Bich, although her monthly income is quite good, to own a house in Hanoi, she has to use financial leverage.
Some studies show that people aged 25-35 are considered to have a good income to buy a house.
Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club once pointed out that for this group, owning a house requires a certain income and balance.
This expert pointed out that they are not afraid to use financial leverage to realize real estate ownership but are also more cautious in the loan problem.
Recently, in Official Dispatch No. 104/CD-TTg, the Prime Minister requested the State Bank of Vietnam to preside over and coordinate with relevant agencies to promote credit programs for young people under 35 years old who buy, rent, or lease-purchase social housing.
In fact, there have been many policies to support young people and low-income people to buy houses in big cities.
Typically, a credit package of VND 30,000 billion, a credit package of VND 120,000 billion for home buyers with low interest rates or the Project to invest in the construction of at least one million social housing apartments in the period of 2021-2030.
As of mid-May 2025, the disbursement of social housing loans from the VND120,000 billion package reached about VND3,400 billion, equivalent to 2.8%. Of these, about VND2,940 billion is for investors in 21 projects, the rest is for home buyers. In the first 4 months of this year alone, the disbursed amount reached more than 550 billion VND.
Financial expert Nguyen Ngoc Tu - Lecturer at the University of Business and Technology said that in the context of the real estate market restructuring and recovering after a long period of stagnation, with the above request of the Prime Minister being an important policy shift.
According to Mr. Tu, in the context of housing prices increasingly leaving income behind, the dream of young people buying a house needs to be supported by long-term low-interest loan policies.
Stable interest rates are an important factor because each fluctuation can make borrowers worried, affecting the quality of life and the psychology of settling down.
