This is a very clear requirement: Housing policy must first serve the housing needs of the people, instead of letting real estate become a tool for speculation, accumulation and price pushing.
Reality shows that with current housing prices exceeding the purchasing power of a normal worker. At a recent conference, the Department of Housing and Real Estate Market Management, Ministry of Construction said: "A household that does not spend on any other needs but only spends all of its income on accumulation, on average, it also takes over... 20 years to buy a house". It is worth mentioning that in many places, especially urban areas, housing projects are being built but many apartments are left vacant, being bought and sold to wait for price increases.
Besides continuing to launch supply to lower house prices, especially social housing at reasonable prices, creating conditions for people to rent houses at reasonable prices, suitable for their income, is an important housing solution.
Resolution No. 21-NQ/TW dated July 28, 2026, the third Conference of the 14th Central Party Committee on viewpoints and orientations for amending the Land Law and related laws raised the issue: "Having policies to allocate land and lease land to encourage and attract the private sector to participate in developing the rental housing market at reasonable prices".
This is the way to institutionalize Resolution 21 through the Land Law (amended), the Housing Law (amended) that the first non-scheduled session of the 14th National Assembly will discuss in the near future.
According to the Ministry of Construction, the draft revised Housing Law will be supplemented with a new chapter on rental housing development. In which, regulations on leasable objects, forms of development through state capital, non-state capital; land, requirements for projects and project investment procedures; preferential policies for investors of projects invested with private capital; rental housing prices; management of rental housing...
The long-standing "barriers" for businesses when participating in the development of rental housing are "high land tax rates and unclear capital recovery mechanisms" if resolved, it will create a transparent and open corridor for this type of housing.
Besides the policy of developing the apartment rental market, the issue raised is the need for strict and transparent control mechanisms, not allowing housing policies to be exploited for profit.
Low and middle-income workers place high trust in this new policy, when rental housing becomes a strategic pillar, the issue of housing security is no longer a lifelong obsession.
