Rice and fish sauce

Before the new school year started, many families in the provinces with student children rushed to the city to look for a house. Even though they had billions of dong in their hands, they were still surprised. Because the house prices were too expensive. Then they became even more worried when they learned that the house prices would increase in the future.

- Why are housing prices in all localities of our country on a "tank truck"?

- For decades, real estate prices have been skyrocketing far above people's income. Every year they skyrocket, it's inevitable that they will become the end of the season. Looking at prices, real estate has the biggest gap with income. Recently, prices have become even more expensive, due to the sharp increase in input costs for investors. Clean land is scarce, construction materials are increasing in price, strict requirements for fire prevention, environment, and infrastructure make it impossible for housing prices to stand still. On the other hand, legal costs also increase when the Land Law (amended) comes into effect.

- So is it true that real estate prices will decrease?

- Reality is always a reliable measure. Hoping for a fall in real estate prices is unlikely. Taking out large, long-term loans to buy a house for the majority of people in need will create high risks. Investors mostly tend to focus on projects with high selling prices. People looking for a place to live will have to find a rental house at a moderate price, accepting to cut their coat according to their cloth.

CROSSED WORDS

Source: https://www.sggp.org.vn/com-va-mam-post813327.html