Harvest Moon RPG

HMRPG
 
HomeHome  FAQFAQ  SearchSearch  MemberlistMemberlist  UsergroupsUsergroups  RegisterRegister  Log inLog in  

Share | 
 

 Real estate inflation may hurt economy

View previous topic View next topic Go down 
AuthorMessage
mrthought



Number of posts : 111
Registration date : 2011-03-03

PostSubject: Real estate inflation may hurt economy    Mon Aug 22, 2011 1:01 am

The real estate sector may overheat Viet Nam’s economy if left to inflate, experts warned in a conference in Ha Noi yesterday.
Ambassador for Ireland Maeve Collins urged caution in regards to Viet Nam’s growing real estate, citing Ireland’s financial problems of 2008.
“When housing bubbles burst, they can cause substantial damage to the affected economies – on some occasions when housing bubbles have burst, they have also been associated with significant disruption to the domestic financial system,” Ambassador Collins said.
“There is a risk of overheating in the property market – Viet Nam has a big population with high density and growth in urban areas exceed 35 per cent, while the Government has not yet developed a strategy for housing,” Ambassador Collins said.
Read Full News at http://realestateinvietnam.blogspot.com/2011/08/real-estate-inflation-may-hurt-economy.html
real estate in vietnam



maui hawaii car rental
Stephen Pierce International
Back to top Go down
View user profile
 
Real estate inflation may hurt economy
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Celebrity Real Estate
» George Clooney's Real Estate
» Gerard Butler bought property in Moscow - ?
» Len Castle's 'old' place in Paturoa Road is up for sale ....
» Real Estate - Gerard Butler is on the prowl again

Permissions in this forum:You cannot reply to topics in this forum
Harvest Moon RPG :: At First :: News-
Jump to: