7 many years made an appearance any spherical real estate fever

The large level of focus groups and corporations in neuro-scientific property ( RE ) also contributed for the fluctuation of housing prices . Companies to book property in Hanoi are also springing up as well as markets are more severe .
The larger amount of focus groups and corporations in the field of real estate property ( RE ) also contributed towards the fluctuation of housing prices . Companies rented property in Hanoi may also be springing up as well as markets be a little more severe .

It really is notable projects in the real estate market development by the Ministry of Construction has completed . Accordingly, the complete real estate market within our country of a 7-8 year amount of fever reappeared in price and trading volume . By way of example, in 1993, 2000 , 2007 major changes took place in some big cities , originate from many causes .


Seven years appeared a round housing fever

Cause significant and most notable could be the investment in the project spread , while licensing development projects in the local level using the lack of market demand . This will make the market grow disproportionately .

Besides profits inside the real estate property business has high false signals to the needs and affordability of 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 owning a home and development , including businesses will not have the experience and financial capability .

Real-estate speculation has become rampant resulting in the creation of virtual supply out there , making housing prices didn't reflect its actual value . Some people own more property , the more they've already strong demand and speculative consumers to push prices up .

The third reason but incredibly important may be the management of State corporations , corporations usually are not tight . This condition occurs concentrated large amount to hundreds of thousands of left- billion investment industry , most investment within the real-estate sector , adding to fluctuations in tangible estate prices .

In contrast , the power of heavy investment in high-end segment, not time based on market demand has led to a sharp decline in this market segment . Meanwhile, the housing segment well suited for a lot of low-income consumers are not interested .

Source: hanoiflat.com