Thread: Vietnam's real estate market could rally by 2009-end

Only by the end of 2009, will the real estate market be able to recover. Although demand for real estate is very huge, the real estate transactions are difficult to be conducted because the speculators offered virtual prices... Full story

It's hard when only virtual prices are being offered!

According to the central bank-HCM City branch, HCM City-based real estate businesses are accounting for up to a half of the total capital of banks across the country. Total capital of real estate businesses amounts to some 61 trillion dong, making up 15% of the total outstanding loans in the city.

So it's good to buy Vietnam properties now?