Manipulating and blowing prices to mess up the real estate market, why not act like stock manipulation?

Manipulating and blowing prices to mess up the real estate market, why not act like stock manipulation?  - Photo 1.
Experts ask, will manipulating the real estate market be handled like manipulating the stock market?

Mr. Nguyen Van Dinh, Vice Chairman of Vietnam Real Estate Association, Chairman of Vietnam Real Estate Brokers Association, said that in 2020-2021, the economy will face many difficulties due to the pandemic, but the real estate market will face many difficulties due to the pandemic. There is heat, market prices are constantly changing. This feverish phenomenon has put great pressure on the market.

According to Mr. Dinh, recently, the phenomenon of land in some places ‘dancing’, prices skyrocketed, including the contribution and help of speculators, non-professional and professional brokers. The price fever does not serve the local economic development, on the contrary, leaves many unpredictable consequences, causing the real estate market to develop unhealthy.

Referring to the recent arrest of a businessman for manipulating the stock market, Mr. Dinh said that real estate has also been manipulated by some speculators and brokers in some markets recently.

“Are these acts in accordance with the provisions of the law? Will it be handled or not? This is a legal story that will have to be studied if it is dealt with, and if not, it must be studied to include it in the law.

We suggest, suggest how to stabilize the market in any situation. For example, land ‘dances’, real estate prices increase, unsuitable segments must be regulated by some policy, mainly to balance the market, let the market decide, go to the right fund. religion,” Dinh said.

Another opinion is that securities brokerage activities only serve a small number of investors, but there are many laws and very strict sanctions. While real estate brokers serve the vast majority of people, a successful transaction is not only a story of buying and selling, but also of settling down and settling down for a lifetime.

Therefore, it is necessary to build a legal corridor, to supervise and to be drastic in sanctions, towards a transparent market and professionalism of brokers, whether individuals or organizations.

Actual developments in the real estate market show that, in late 2021 and early 2022, land price increases and land fever continue to occur on a much larger scale than before. Typically, the land fever in Binh Duong and Dong Nai before and later spread to Binh Phuoc, Tay Ninh, some areas such as Ben Luc, Duc Hoa (Long An)… Currently in areas such as Phan Thiet, La Gi, Ham Thuan Nam, Ham Thuan Bac in Binh Thuan; As far away as Bao Loc, Lam Dong, Dak Lak, Buon Ma Thuot… or some northern and central provinces, there is also land fever.

The abnormal increase in real estate prices has many causes, but one of the important reasons is said to come from the “land trigger” and the associated real estate brokerage creating “waves”, “making prices”. ..

Assessing the market, Mr. Nguyen Quoc Anh, Deputy General Director of, said that although real estate prices increase, the liquidity will not necessarily be proportional because it depends on many factors. Therefore, individual investors, especially investors using financial leverage, need to pay attention to two aspects. Firstly, it is necessary to pay attention to survey the price level in areas, because real estate prices in the North have increased 3-5 times in recent years. The anchor price is at a high level, so there may be difficulties in liquidity. Second, it is necessary to pay attention to the movement of investment cash flows.


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