I HAVE 5 PLOTS OF LAND AND THE WHOLE FAMILY’S HOME, BUT I WANT TO SELL THEM FOR CASH AND NO ONE WILL BUY!
When I was young, I put every penny I had into real estate. Now that I need cash and want to sell some land to free up capital, there are no buyers.
This is what’s truly frightening for so many people holding real estate right now.
There are no buyers, but sellers are everywhere.
Vietnamese real estate prices will only fall over the next 10 years; they’ll never rise again. They’ve peaked. Housing prices in Vietnam are currently among the highest in the world. You’d have to work for 40 years without eating or drinking to afford a home—twice as expensive as in China and eight times as expensive as in the US.
When I was young, I put every penny I had into real estate. Now that I need cash and want to sell some land to free up capital, there are no buyers.
This is what’s truly frightening for so many people holding real estate right now.
There are no buyers, but sellers are everywhere.
Vietnamese real estate prices will only fall over the next 10 years; they’ll never rise again. They’ve peaked. Housing prices in Vietnam are currently among the highest in the world. You’d have to work for 40 years without eating or drinking to afford a home—twice as expensive as in China and eight times as expensive as in the US.
