Land costs, construction expenses, loan interest and profit expectations are pushing home prices beyond many Vietnamese buyers' reach. 

Vietnamese Prime Minister Le Minh Hung has warned that soaring property prices are putting homeownership beyond the reach of many young workers, calling for stronger rental housing policies and reforms to make housing more affordable.

Apartment price growth in Ho Chi Minh City and neighbouring areas slowed in the third quarter of 2026, as buyers became more selective based on their financial capacity. 

Housing remains unaffordable for most Vietnamese, including workers and some civil servants, while social housing construction falls short of targets and unsold property inventories rise, Deputy PM Pham Gia Tuc said.