Determinants of real estate bubble in Vietnam

Abstract

Many industry experts believe that, although there is no basis to say that the market has a bubble in the next 1-2 years, the bubble may appear in the period after 2021. By 2018, demand for real estate. New equilibrium with bows. And now supply is still a little higher than demand. After 2018, demand will be greater than supply, and there will be a "bubble" in 2021-2023. When the financial market is unstable, the most stable shelter is real estate. 2.5-3 million people from rural to urban areas, creating a second wave of urbanization, thereby increasing the demand for real estate. After a year of high volatility, the real estate market has surpassed through the forecast of a real estate bubble burst scenario at the end of 2018. More optimistic when in the second half of 2018, a series of positive signals appeared with liquidity in some segments. vibrant, loans for real estate businesses become diverse.Finally a year full of haunting real estate bubble risk, many experts said that this year In 2019, the real estate market will record positive and optimistic signals.