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Viet Quoc Trinh

Member

Canadian looking for information about Vietnam

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2

About me

Canadian

Registration: 27 December 2022

My expat journey

canadavietnam
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Viet Quoc Trinh replied to a thread
3 years ago
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Real Estate Prices in Vietnam by MikeTVN

Why is real estate so expensive in Vietnam relative to income level. Average monthly income in VN is about 1/25th ($148 vs $3,714) of the US and yet real estate prices are fairly equal to the US when you consider the same amount of land. That makes ...

Land is expensive in Vietnam because there's not a lot of it. Vietnam is smaller than California in size and has a population of 95 million people (almost a 1/3 of US population). Also there are no annual property taxes in Vietnam compared to the US ... Read More

V
Viet Quoc Trinh replied to a thread
3 years ago
M

Real Estate Prices in Vietnam by MikeTVN

Why is real estate so expensive in Vietnam relative to income level. Average monthly income in VN is about 1/25th ($148 vs $3,714) of the US and yet real estate prices are fairly equal to the US when you consider the same amount of land. That makes ...

@MikeTVN Funny is that Monaco, Hong Kong, Singapore population is much denser per square kilometer and the price are much lower than VN. Read More