Ho Chi Minh City real estate market enters 2022 with many hopes of a strong recovery, the growth is forecast to be high at 8%. However, obstacles from the global economy and some domestic financial factors in the second half of the year caused the market to slow down. Therefore, 2023 is forecasted to continue to be difficult. Stocks are bottoming out, corporate bonds are stagnating, bank capital is either squeezed, or interest rates are too high. So all 3 main sources of capital: stocks, corporate bonds and bank capital are like bottlenecks pushing the real estate market into a dead end, immobilized and facing the risk of falling into recession.
However, in risks lies opportunity, the decrease in real estate prices creates conditions for acquisition at an attractive price. That's why Tom started the search for "The cheapest apartment in Ho Chi Minh City". Whether Tom succeeds in this work or not, let's watch in this video.
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Tom Peng - Entrepreneur and investor based in Vietnam. CEO of e-commerce and fintech companies. Teaching aspiring people business and success mindset in this YouTube channel.
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