More effective many years made an appearance the round property temperature

The large volume of focus groups and corporations in the field of real property ( RE ) also contributed to the fluctuation of housing prices . Companies rented property in Hanoi are springing up as well as markets become more severe .
The big quantity of focus groups and corporations in the field of real estate ( RE ) also contributed towards the fluctuation of housing prices . Companies rented property in Hanoi are also springing as well as markets be severe .

It really is notable projects inside the real estate market development by the Ministry of Construction has completed . Accordingly, the overall market inside our country in regards to 7-8 year duration of fever reappeared in price and trading volume . One example is, in 1993, 2000 , 2007 major changes happened in some big cities , originate from many causes .


Seven years appeared a round housing fever

Cause significant and quite a few notable is the investment inside the project spread , while licensing development projects for the local level based on the lack of market demand . This will make industry grow disproportionately .

Besides profits inside real estate investment business has high false signals to the needs and affordability of the market really . Lack of information causes market prices click , " make virtual price " of speculators .

Meanwhile , the organization business style " found favor prior to the next unforeseen harm " was rushed into investment and development , including businesses do not have the ability and financial capability .

Real estate property speculation has been rampant resulting in the creation of virtual supply available , making housing prices did not reflect its actual value . Many individuals own more property , the more they have got strong demand and speculative consumers to push prices up .

The next reason but equally important would be the management of State corporations , corporations will not be tight . This problem occurs concentrated large number to thousands of left- billion investment industry , most investment within the real property sector , contributing to fluctuations in real estate prices .

Then again , the concentration of heavy investment in high-end segment, not time according to market requirements have triggered a clear , crisp decline therein market segment . Meanwhile, the housing segment made for virtually all low-income folks are not interested .

Source: hanoiflat.com