They can’t sell stock to finance their business because the stock market is rather immature. They can’t use gold because it’s too volatile.
So the only thing left is real estate, and of course businesses want to pump it as high as possible to get better deal on their loans.
Vietnam doesn’t have deteriorating living conditions, OP is just a retard
But the housing crisis does have rather unique Vietnamese characteristics. Beside cultural reasons, the main problem is a lack of alternative options for colladeral, businesses rely on real estate for loan
@CaptainD0ngle@retrieveNothing You are free to choose a metric to measure quality of life instead of bitching and complaining. I’m sure it will still prove my point anyway.
@CaptainD0ngle@PartyintheUSSA That’s the “official” stated reason and propaganda, the government would never revealed the actual behind the scenes politics that would lead to such a stance.
@TristinDevil Top 5 highest gdp growth provinces does not include HCMC. If you wanna solve all of these issue, experience the astronomical pace of development. Move to Quang Ninh. Hell move to the satellite cities in HCMC & it’ll alr be better. Crowded city center doesnt counter macro economic
@PartyintheUSSA You think the politburo would let both the presidental and gensec role fall in the hand of one guy so easily? He need to be the guy to achieve greatness and productivity to fix the stagnation in the gov after the corruption purge, or else he has no reason to be there.
@PartyintheUSSA To Lam’s desire for developmentalism has nothing to do with the birth rate, China managed to grow about 6% a year even after their working age population peaked, the gov know demographic is not the end all be all. He wants it because it’s his mandate for having so much power.
@SmellyNigga67 Sure, let raise the bar. Name a single country on earth with similar gdp per capita level to Vietnam right now that has a better living conditions, be specific about the metric you use to determine such a conclusion.
I will laugh my ass off you utter Indonesia or the Philippines
@granite1142@SmellyNigga67 I’m not a communist but capitalism is still necessary to achieve the preconditions for communism, this is in no way contradictory, read Marx. And second of all, Chiến Tranh Chống Ph��p/Mỹ, is mainaly a war against colonialism, not capitalism. In that respect, it succeeds.
@nooby2ab Yes, It is objectively false, Vietnam was amongst some of the poorest countries on planet earth with poverty rate over 70% in just 50 years ago, now that rate is down to under 5%.
@xaccount1022971@jinoki_m This is a fallacy. Economists make this all the time when they assumed lower income countries will catch up to high income countries because they could just learn from their mistakes.
This is proven to be extremely false and only a few select countries managed to do this.
@WelpHmm This is just wrong, there literally hundreds of thousands of social housing being built specifically for low income families every single years
The most expensive are in the central area in Hanoi and HCMC, that nobody forces you to move to, just buy a house in Bac Ninh for cheap
@retrieveNothing Vietnam’s poverty rate went from 70% to under 5% within a single generation, if that’s not a good metric for improving living conditions, idk what is. People forgot that Vietnam was amongst the poorest countries on earth a mere 50 years ago.
@retrieveNothing Vietnamese here, they’re buzzwords & OP is a retard
Everything else also wrong. The surge in GDP is from public spending & manufacturing, the latter has nothing to do with the real estate market & the earlier literally went into building social housings to fix the housing crisis
@fianscarlet@Snail_Relit Are you so naive as to believe there is some objective metric of value and so arrogant as to believe you get to decide how to apply it? What a narcissist
@fianscarlet@Snail_Relit Worth and quality are also subjective value that are synonymous with the word “value” itself.
I now declare all fanservices to have worth and quality. Lmfao, I can do this all day buddy.
@fianscarlet@Snail_Relit This retard think literally insulting the Japanese government and their laws is “an extended pun” and not Nishio literally using hachikuji as a soapbox to air his grievances.
Are you sure you even have the reading comprehension to read monogatari?
@fianscarlet@Snail_Relit I started monogatari with the novels buddy lmfao. Even if the anime doesn’t exist, I will still be here stating the same exact thing. You’re delusional to think this would change otherwise because monogatari is fundamentally ideologically aligned with me.
@moshpitkaneki@Snail_Relit@bouilloncubes@dexollogy@DoggyDoggyYum This paper takes the premise that incest = social deviation + domestic trauma as an established fact, then uses that UNPROVEN premise to evaluate the biblical narrative. You might as well just send me a fucking Bible verse to tell me it’s wrong instead of sending me this bullshit