{"id":108643,"date":"2025-04-09T14:25:45","date_gmt":"2025-04-09T06:25:45","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=108643"},"modified":"2025-04-10T11:17:55","modified_gmt":"2025-04-10T03:17:55","slug":"vietnam-real-estate-housing-affordability-and-e-commerce-shifts","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/vietnam-real-estate-housing-affordability-and-e-commerce-shifts\/","title":{"rendered":"Vietnam Real Estate: Housing Affordability and E-Commerce Shifts"},"content":{"rendered":"\n

Written by Dustin Trung Nguyen, Head of IQI Vietnam<\/em><\/p>\n\n\n\n

VIETNAM REAL ESTATE MARKET OVERVIEW<\/strong><\/p>\n\n\n\n

Residential Market<\/strong>
Ho Chi Minh City (HCMC) has banned apartment owners from leasing their properties for short durations as part of efforts to curb unauthorized Airbnb-like services.<\/p>\n\n\n\n

Only licensed businesses offering tourism services will now be allowed to lease properties for short-term stays, although the authorities have not clearly defined what constitutes a “short” duration.<\/p>\n\n\n\n

With the rapid increase in apartment towers across Vietnam’s largest city, many owners have turned to short-term rentals, using platforms like Airbnb and social media to connect with customers. However, most of these rental incomes remain untaxed.<\/p>\n\n\n\n

The popularity of Airbnb-style rentals has led to conflicts between short-term tenants and long-term residents, who often complain about noise disturbances late at night and cleanliness issues.<\/p>\n\n\n\n

Rising Property Prices and Affordability Challenges<\/strong>
Soaring property prices have left many young people unable to rent or buy homes.<\/p>\n\n\n\n

According to property analyst Le Quoc Kien, young people whose parents own homes in Hanoi and HCMC often have no choice but to live with their families to save money. With average salaries ranging from VND 10-15 million, homeownership has become a distant dream.<\/p>\n\n\n\n

A recent Global Property Guide report ranked Hanoi as the 11th most expensive city in Asia for renting.<\/strong><\/p>\n\n\n\n