Real estate market is ‘fragile’, could lead to another bubble, experts say - News Summed Up

Real estate market is ‘fragile’, could lead to another bubble, experts say


Real estate market is ‘fragile’, could lead to another bubble, experts sayVietNamNet Bridge - Land fever in Phu Quoc, Long An, Nhon Trach and HCM City, a lack of houses for low income earners, and an oversupply of high-end apartments are the main features of today’s real estate market. The real estate market has warmed upInvestors continue pouring money into the high-end apartment market segment, even though there is a sufficient supply. Analysts warn that the high GDP growth rate may lead to a ‘real estate bubble’ like the one in 2007 and 2010. Analysts warn that the high GDP growth rate may lead to a ‘real estate bubble’ like the one in 2007 and 2010. Nguyen Van Duc, deputy director of Dat Lanh Real Estate, said the real estate market is ‘fragile’.


Source: VietNamNet News May 22, 2018 01:18 UTC



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