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It’s necessary to restart real estate market: expert

It’s necessary to restart real estate market: expert

It is necessary to create a package of measures to activate the real estate market in order to spur the national economy, according to Associate Prof Dr Tran Hoang Ngan, Dean of the Banking Faculty under the HCM City Economics University, and member of the National Advisory Council for Finance and Monetary Policies.

He said:

Banks now should focus on lending to people to fund their accommodation purchases. This will help the segment of the market recover soon, which will bring about the recovery of the other segments, including offices for rent.

 
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