What is the current real estate situation?

Currently, the general situation of the real estate market in Vietnam is still full of inadequacies, challenges and fluctuations. However, looking at it objectively, the market can still develop well, stably and healthier than in the previous period.

Real estate is an attractive and potential business field

 

What is the main reason for the significant decline in the real estate market?

We can say that the market in Vietnam is increasingly showing its own position and important role in the development of the country’s economy. And above all, we see a great motivation to contribute to the development of other professions.

However, according to statistics of the Real Estate Association in Vietnam from the end of 2018 until now, people’s purchasing power has encountered many difficulties. At the same time,   showed a noticeable decrease.

So the reasons why this industry tends to be like that are:

  • The legal corridor of our country has not been synchronized.
  • Banks gradually tighten credit funds for real estate lending.
  • The scandals of several companies in this field today.

Banks are constantly tightening credit funds for real estate lending

 

With these reasons, its development is reduced and slowed down in a split second. Invisibly affects reputable investors and construction contractors. Therefore, before you want to enter a certain field, you need to gather enough knowledge for yourself.

What is the future of the real estate market?

With the return after the Covid-19 pandemic, it has created a turning point for the booming real estate industry. Not stopping at the current level, we can predict that in the near future, companies will in turn launch cards to attract consumers.

With this industry, potential customers are also people with stable economy. In parallel with the need to buy land for business development or buy houses to live and rent, the growth rate of the field real estate very potent.

Urban areas are constantly appearing, making people excited

 

 

However, we should not be too subjective and ignore unwanted problems before. Rig Group Company is one of the companies real estate quality reputation. Customers will be consulted carefully and see our products firsthand. In addition, we fully guarantee 100% verification of our documents.

 

 

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