Ho Chi Minh City Proposes Authority to Set Price Ceilings for Affordable Commercial Housing
Politics

Ho Chi Minh City Proposes Authority to Set Price Ceilings for Affordable Commercial Housing

The Ho Chi Minh City Real Estate Association (HoREA) has proposed granting the city's People's Committee the authority to set price ceilings for affordable commercial housing, aiming to expand the supply of this segment. This comes amid a lack of mechanisms for pricing housing based on income levels and soaring property costs.

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