Learn The Latest Real Estate And Property News Including Vietnam

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The demand for property from overseas Vietnamese people is on the rise, helped along by revised land, housing and real estate laws. Apartments in Hanoi are reaching record-high promoting costs due to supply and demand differences and low interest rates, which some consultants say is distorting the market. Housing disaster resulted from predatory subprime lending, high ranges of shopper debt, unemployment, market deregulation and plummeting home costs. These elements led to a housing market collapse in most components of the nation by which owners, unable to make their monthly mortgage funds, ended up in foreclosures. The finest housing story in 2024 is that stock is rising — both lively inventory and new listings. With mortgage ratesat the current ranges, stock is still below my expectations, but it’s nonetheless such a constructive story that I had to focus on it onCNBClast week.