According to Toan Luu Commune Police, as of September 20, there has been no more crowds in Toan Luu Commune inflating land prices, creating a virtual fever in real estate trading and buying, selling, causing instability in the situation.
Also according to Toan Luu Commune Police, from September 13 to September 19, after announcing the planning of the western industrial park of Ha Tinh (in Toan Luu Commune), a "land fever" arose in the commune, in the area of 5 villages near the planning area.
Faced with potential risks and consequences for the stable socio-economic development of the area, Toan Luu Commune Police have resolutely advised Party committees and authorities and coordinated with agencies and units to deploy solutions to handle and stabilize the situation.
Assessing that some organizations and individuals, mainly outside the area, use forms of advertising and value inflation to attract people to participate in real estate trading, which can cause instability, the police have sent forces to patrol and verify issues with signs of violations.
After the police got involved, the virtual land fever gradually subsided, and brokers and land brokers gradually gathered here.
Toan Luu Commune Police said that they will continue to implement solutions to avoid causing consequences related to virtual land fever, causing property damage to the people.
Previously, Lao Dong Newspaper reported the virtual land fever in the purely farming commune of Toan Luu. In particular, many plots of land are being advertised for sale at unusually high prices, some plots are priced twice in just a few months.
The creation of a virtual fever is also focused on by real estate brokers, arranging tables and chairs with many people discussing as if attending weddings.
After the incident, the Ha Tinh Department of Construction issued a document to rectify this situation, and at the same time issued a recommendation for people to be cautious when land trading in the locality is experiencing a virtual fever.
