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What’s behind the land fever phenomenon?
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 14/04/2021
  
09:00
GMT+7
The market often cools down when periods of land fever end, but then new higher price levels reoccur later.
Le Van Binh from the General Department of Land Administration under the Ministry of Natural Resources and the Environment (MONRE) said that land prices escalate periodically, once every 10 years. After every feverish period, land prices surge to higher levels, causing difficulties for investors who want to access land.
Binh said there are many reasons behind the ongoing fever. The main one is information about urban planning. ....

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