Rental housing emerges as strategic pillar of Hanoi's social welfare policy
Hanoi, June 24 -- The recent simultaneous start of work on three large-scale rental housing projects in Hanoi marks more than an expansion of housing supply; it reflects a significant shift in the capital city's housing development mindset at a time when soaring property prices have placed home ownership beyond the reach of many workers and young families. The move aligns with the direction repeatedly emphasised by Party General Secretary and State President To Lam that houses are for living, not for speculation or wealth accumulation, and is expected to broaden people's access to stable residence. Turning policy into homes Following guidance from Party General Secretary and State President To Lam and Prime Minister Le Minh Hung on develo...
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