Is Vietnam heading for a property bubble like China’s?
By CNA Insider
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Could Vietnam's property market be heading down the same path as China's? Across the country, high-end housing developments are rising fast. But as home prices climb to about 30 times annual household income, they are out of reach for many ordinary Vietnamese. Investors now account for at least 30% of property purchases, while developers continue to favour premium homes over affordable ones. As empty and unfinished projects become more common, there are concerns about whether the market can keep growing at this pace. Watch the full Insight episode on what Vietnam is doing to cool its housing market. #cnainsider #vietnam #propertybubble
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