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    English For Real Estate: Group 2

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    Hào Nguyễn
    This document discusses real estate speculation in Vietnam. It begins by defining real estate speculation as buying property with the goal of reselling it at a higher price soon after. It then examines the nature of speculation, noting that speculators hold assets for short times and take on high risks for potential profits. The document outlines how real estate speculation in Vietnam has led to rapidly increasing land prices from 2018 to 2021. It concludes that while speculation is a normal market factor, too many speculators can harm the real estate market and related markets through inflated prices, potential economic crises, reduced efficiency, and waste of land resources.

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    English For Real Estate: Group 2

    Uploaded by

    Hào Nguyễn
    30 views18 pages
    This document discusses real estate speculation in Vietnam. It begins by defining real estate speculation as buying property with the goal of reselling it at a higher price soon after. It then examines the nature of speculation, noting that speculators hold assets for short times and take on high risks for potential profits. The document outlines how real estate speculation in Vietnam has led to rapidly increasing land prices from 2018 to 2021. It concludes that while speculation is a normal market factor, too many speculators can harm the real estate market and related markets through inflated prices, potential economic crises, reduced efficiency, and waste of land resources.

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    This document discusses real estate speculation in Vietnam. It begins by defining real estate speculation as buying property with the goal of reselling it at a higher price soon after. It then examines the nature of speculation, noting that speculators hold assets for short times and take on high risks for potential profits. The document outlines how real estate speculation in Vietnam has led to rapidly increasing land prices from 2018 to 2021. It concludes that while speculation is a normal market factor, too many speculators can harm the real estate market and related markets through inflated prices, potential economic crises, reduced efficiency, and waste of land resources.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    30 views18 pages

    English For Real Estate: Group 2

    Uploaded by

    Hào Nguyễn
    This document discusses real estate speculation in Vietnam. It begins by defining real estate speculation as buying property with the goal of reselling it at a higher price soon after. It then examines the nature of speculation, noting that speculators hold assets for short times and take on high risks for potential profits. The document outlines how real estate speculation in Vietnam has led to rapidly increasing land prices from 2018 to 2021. It concludes that while speculation is a normal market factor, too many speculators can harm the real estate market and related markets through inflated prices, potential economic crises, reduced efficiency, and waste of land resources.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 18

    English For Real Estate

    Group 2
    GROUP 2

    Đức Hào Ngọc Anh Thu Hồng Quỳnh Anh Thành Luân

    Topic

    There are a lot of speculators in


    Vietnam's real estate market, are they
    good or bad for the market?
    Impact of real
    The nature of estate
    speculation speculation

    Conclusion
    What is Real Situation of
    Estate real estate
    Speculation ? speculation in
    Vietnam

    I. What is Real Estate


    Speculation ?

    Real estate speculation involves buying property


    with the hopes of reselling it at a higher price in
    the near future.
    This essentially means making a prediction about
    future prices in a particular market, or for a
    particular property, and purchasing real estate
    before the predicted spike.

    II. The nature of speculation


    Purpose Time Matters of concern Capital

    Speculators Price Often using


    hold assets or volatility in borrowed
    Get a big profit money, taking
    commodities the market
    in a short time advantage of
    for short

    periods of financial
    time leverage to

    optimize
    profits

    II. The nature of speculation


    Profit High risk Mentality Analytical basis

    Speculators Speculators must Based on


    Unstable and market
    hold assets or be quick, daring,
    unpredictable information,
    commodities able to judge

    supply and
    for short and seize
    periods of opportunities demand
    time
    factors, crowd

    psychology,...

    III.
    Situation of real estate
    speculation in Vietnam

    Speculation makes land prices rise


    Speculation can causes an economic
    crisis
    Speculation can causes agricultural
    landland to decrease
    Speculation is the basic form of
    land waste

    4-6%/year Situation

    In 2018 In 2021
    Price: 1.5 -> 1.7 billion VND Price: 3.2 -> 3.5 billion VND
    IV. Impact of real
    estate speculation

    1. Land prices increase due


    to speculation
    Due to the scarcity
    of land funds, land speculation has pushed up
    land prices.
    Speculators are only interested in making a profit by selling at a
    high price, so they will fabricate facts to deceive unsuspecting
    buyers.
    Land buyers inadvertently mistakenly believe that they can
    buy affordable land.

    =>>> This causes the value of land to be inflated higher


    than it actually is because of the general psychology.
    2. Speculation can cause an economic crisis

    Real estate speculation creates an illusionary scarcity


    Real estate is related to many other goods. Because
    today's land is the "input"
    Selling prices of products, prices of gold, foreign
    currencies, and services were all disturbed and
    increased accordingly

    3. State budget loss


    The land was transferred to many


    different people
    The financial responsibility, taxes and
    land fees can affect the state budget
    When the state acquires land, it has to
    spend a large amount of money.
    4. Real estate speculation
    reduces economic, technical
    and social efficiency

    Because of large and quick profits, many people now


    choose to speculate on land.

    Other financial instruments are restricted


    5. Waste of land
    Speculators are increasingly buying and
    selling properties for the wrong
    purposes
    There is still a lot of suburban land,
    which has not yet been sold.
    These assets are not used for social security
    purposes, do not promote public interests
    and do not generate revenue for the state
    budget
    Land use planning is inadvertently disrupted
    V. Conclusion
    Speculators have always been an
    indispensable factor in all types of
    markets. But if there are too many
    speculators, it will lead to a bad situation
    for the market, not only the real estate
    market but also other related markets.
    Thanks for listening

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