Ministry of Construction
High demand for homes puts great power in the hands of sellers
|
According to economist, Associate Professor, Dr. Dinh Trong Thinh, due to "high demand for houses but limited supply", market power is in the hands of sellers.
Deputy Minister of Construction Nguyen Viet Hung has a new assignment
|
Mr. Nguyen Viet Hung - Deputy Minister of Construction was assigned as a member of the Prime Minister's Administrative Procedure Reform Working Group.
Real estate prices increase due to inflation and auctions with no deposits
|
Deputy Minister of Construction Nguyen Viet Hung said that the sudden increase in housing and real estate prices comes from three main reasons.
Solutions for the poor to have access to social housing
|
The National Assembly Standing Committee proposed to urgently handle stalled social housing projects and at the same time, simplify purchase and hire-purchase procedures.
Many concerns about the proposal to tax second real estate
|
Many opinions say that imposing taxes on second homes and lands should only be considered when there are behaviors that negatively affect the market.
Brokers hardly have enough potential to inflate apartment prices
|
Experts say that brokers and intermediaries are only a small part of the reason for the recent increase in apartment prices.
Hanoi restricts land auctions for individuals to build their own houses
|
Hanoi City directs units to continue perfecting regulations, including limiting the organization of auctions to allocate land to individuals for self-construction of houses.
