Seven a long time made an appearance a circular housing temperature

The massive level of focus groups and corporations in the field of real estate ( RE ) also contributed for the fluctuation of housing prices . Companies for rental property in Hanoi are also springing up as well as markets you have to be severe .
The big volume of focus groups and corporations in the field of real property ( RE ) also contributed to the fluctuation of housing prices . Companies to rent property in Hanoi can also be springing up as well as markets be a little more severe .

It can be notable projects from the housing market development because of the Ministry of Construction has completed . Accordingly, the complete housing market in our country about a 7-8 year duration of fever reappeared in price and trading volume . For instance, in 1993, 2000 , 2007 major changes took place some big cities , result from many causes .


Seven years appeared a round housing fever

Cause significant and quite a few notable would be the investment inside project spread , while licensing development projects for the local level using the not enough market demand . This will make the market grow disproportionately .

Besides profits inside the real estate business has high false signals for the needs and affordability from the market really . Not enough information causes market prices click , " make virtual price " of speculators .

Meanwhile , the corporate business style " found favor before the next unforeseen harm " was rushed into owning a home and development , including businesses will not have the ability and financial capability .

Real estate investment speculation has become rampant resulting in the advance of virtual supply available , making housing prices did not reflect its actual value . Lots of people own more property , the harder they've already strong demand and speculative clientele to push prices up .

The third reason but essential could be the management of State corporations , corporations are certainly not tight . This condition occurs concentrated great amount to thousands of left- billion investment industry , most investment from the real estate property sector , contributing to fluctuations in tangible estate prices .

On the other hand , the concentration of heavy investment in high-end segment, not time based on market demand from customers has triggered a clear , crisp decline on this market segment . Meanwhile, the housing segment suitable for nearly all low-income individuals are not interested .

Source: hanoiflat.com