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flag Vietnam’s housing market is overheating, with soaring prices and slow affordable housing progress despite new government measures.

flag Vietnam’s housing market is facing severe overheating, with prices in major cities soaring to record highs, driven by speculation, limited affordable supply, and weak regulation. flag The government has proposed new measures, including loan caps for second and third homes, a state-run online trading platform, and mandating 30% of new projects be affordable housing with incentives for developers. flag Despite plans to deliver over a million affordable units by 2030, progress remains slow, with fewer than 45,000 completed by September 2025. flag Experts warn that without broader reforms—such as property taxes, better urban planning, and stronger credit controls—rising inequality and financial risks will persist.

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