More effective a long time made an appearance a round homes fever

The bigger number of focus groups and corporations in the field of real estate property ( RE ) also contributed towards the fluctuation of housing prices . Companies for rent property in Hanoi are also springing as well as markets be severe .
The massive number of focus groups and corporations in the field of property ( RE ) also contributed on the fluctuation of housing prices . Companies for rental property in Hanoi may also be springing up as well as markets are more severe .

It is notable projects within the real estate market development because of the Ministry of Construction has completed . Accordingly, the overall market inside our country in regards to 7-8 year amount of fever reappeared in price and trading volume . As an example, in 1993, 2000 , 2007 major changes occurred in some big cities , originated from many causes .


Seven years appeared a round housing fever

Cause significant and many notable is the investment within the project spread , while licensing development projects on the local level good not enough 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 with the market really . Not enough information causes market prices click , " make virtual price " of speculators .

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

Property speculation continues to be rampant producing the coming of virtual supply out there , making housing prices would not reflect its actual value . Many people own more property , the more they have got strong demand and speculative consumers to push prices up .

The third reason but essential could be the management of State corporations , corporations usually are not tight . This disorder occurs concentrated great amount to hundreds and hundreds of left- billion investment industry , most investment from the real property sector , leading to fluctuations in real estate prices .

In contrast , the concentration of heavy investment in high-end segment, not time according to market demand has generated a clear , crisp decline with this market segment . Meanwhile, the housing segment made for many low-income everyone is not interested .

Source: hanoiflat.com