Deputy Prime Minister: Housing Prices Remain Beyond the Affordability of the Vast Majority of People.
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Deputy Prime Minister Pham Gia Tuc emphasized effective solutions to control the real estate market, prevent speculation and price manipulation in 2026. These include controlling speculation and price manipulation, digitizing real estate transactions, increasing quotas for social housing for rent and lease-to-own, and reducing social housing for sale. He also stated that 85% of the target for constructing at least 1 million social housing units …
On the morning of October 13th, Deputy Prime Minister Pham Gia Tuc, Head of the Central Steering Committee on Housing Policy and Real Estate Market, chaired the first meeting after the committee was reorganized.
(Dan Tri Newspaper) - One of the major issues pointed out by the Deputy Prime Minister is the fact that housing prices remain unaffordable for the vast majority of people, while the amount of unsold real estate tends to increase.
Deputy Prime Minister Pham Gia Tuc assessed that while the inventory of unsold real estate has increased, house prices remain beyond the affordability of the vast majority of the population.
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