Time for major realtors to buy land
Cash flow to the real estate market has been tightened. Now is the time for major realtors to buy land.
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Cash flow to the real estate market has been tightened. Now is the time for major realtors to buy land.
Experts say that the State should improve the legal framework on the auction of land use rights but should not interfere greatly in the auction process.
Many speculators in Vietnam have recently rushed to buy land lots in seemingly potential areas, in hope of earning big money.
Localities are taking serious measures to control real estate brokerage activities and speculation, as they believe that the activities are behind land price escalation.
To prevent speculation and price inflation, the State needs to apply comprehensive measures to increase the transparency and supply in the market.