7 a long time seemed a circular real estate temperature

The larger volume of focus groups and corporations in the field of real estate investment ( RE ) also contributed towards the fluctuation of housing prices . Companies rented property in Hanoi will also be springing as well as markets are more severe .
The large number of focus groups and corporations in the field of real estate investment ( RE ) also contributed towards fluctuation of housing prices . Companies rented property in Hanoi may also be springing as well as markets you have to be severe .

It is notable projects inside the market development by the Ministry of Construction has completed . Accordingly, the general real estate market within our country in regards to a 7-8 year period of fever reappeared in price and trading volume . As an example, in 1993, 2000 , 2007 major changes took place some big cities , are derived from many causes .


Seven years appeared a round housing fever

Cause significant and most notable will be the investment inside project spread , while licensing development projects on the local level depending on the lack of market demand . This makes this market grow disproportionately .

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

Meanwhile , the business business style " found favor before the next unforeseen harm " was rushed into real estate investment opportunities and development , including businesses do not have the knowledge and financial capability .

Real-estate speculation continues to be rampant leading to the creation of virtual supply in the marketplace , making housing prices wouldn't reflect its actual value . A lot of people own more property , greater they have strong demand and speculative buyers and sellers to push prices up .

The next reason but incredibly important could be the management of State corporations , corporations will not be tight . This problem occurs concentrated lot to tens of thousands of left- billion investment industry , most investment inside the real-estate sector , adding to fluctuations in real estate prices .

In contrast , the power of heavy investment in high-end segment, not time dependant on market needs have generated a sharp decline with this market segment . Meanwhile, the housing segment suited to virtually all low-income people are not interested .

Source: hanoiflat.com