Speaking at the conclusion of the conference, Prime Minister Pham Minh Chinh requested the Government Office, the Ministry of Construction, the Ministry of Finance, the State Bank and relevant agencies to complete the document summarizing the opinions of the delegates.
The Prime Minister stated 8 emerging problems of the real estate market. Firstly, the supply-demand structure is out of phase, too focused on the high-end segment, but less interested in the middle and low-income segment. Second, the price is not reasonable, not suitable for the per capita income; According to information in the press, it takes 1 year of per capita income to buy 2m2 of luxury housing.
Third, the policy response of relevant actors (regulatory agencies, businesses, banks) is still slow. Fourth, there are legal problems. Fifth, capital is still difficult (credit, bonds, other sources).
Prime Minister Pham Minh Chinh raised 8 emerging problems of the real estate market.
Sixth, planning projects, adjusting the structure of projects is still slow. Seventh, officials in some places, sometimes even afraid of responsibility, do not dare to do. Eighth, real estate businesses are not really flexible and timely handle problems caused by themselves.
Prime Minister Pham Minh Chinh requested state management agencies to review mechanisms, policies and laws, strengthen supervision, inspection and solve emerging problems. The banking and financial sectors must take measures to unclog credit sources, bonds, securities, as well as resources from customers.
In particular, the Prime Minister emphasized that real estate businesses must be responsible for themselves, solving difficulties caused by themselves due to inaccurate forecasts, poor market development, and ineffective capital investment. … Restructuring segments, reasonable prices to promote liquidity, towards profitable but harmonious business.
“When a business is profitable, it can be offset with a loss of business, it is not possible to always be profitable, cannot be difficult to claim profit, no one will hold hands until evening, pillow hands until morning, must contribute to the cause. the common,” emphasized the Prime Minister.
In addition, banks have reduced input costs, enhanced digital transformation, and reduced deposit interest rates with the participation of the State Bank; thereby reducing lending interest rates, restructuring debt groups, reducing fees and charges… Only if the economy develops, the bank can develop.
Real estate businesses need to be responsible for solving difficulties caused by themselves. (Photo: TN)
The Prime Minister also requested the authorities at all levels to remove difficulties and obstacles in procedures, speed up the development of plannings, strictly implement the planning, adjust the planning in time and adjust the projects in the area in accordance with the regulations. appropriate to local conditions. Another important task is to ensure the legitimate rights and interests of customers, and at the same time strengthen propaganda and guide customers to choose good and suitable products, contributing to the safe development of the market. healthy and sustainable.
In the near future, the Government will have its own project on housing development, housing for workers and low-income people. The Prime Minister welcomed the Governor of the State Bank at the conference who reported on the credit package for this sector, which the Government will consider. At the same time, the Prime Minister requested the organization of effective, correct, successful and timely communication, objective assessment, honesty and true nature of the situation, avoiding false information.
Prime Minister Pham Minh Chinh also emphasized the spirit of the conference is to remove difficulties and promote the development of the real estate market in a safe, healthy and sustainable manner. After the conference, the Government will issue a resolution, but on the basis of functions, duties, powers, spirit of the conference, the subjects must immediately carry out the work to effectively implement the objectives and tasks. , the proposed solution.
