Nearly 480,000 households without housing in HCM City
The Ho Chi Minh City Department of Construction has recently announced the results of a survey conducted on the status of housing in order to meet demand in the southern city. More than 476,000 households (accounting for 23.46 per cent) have not had housing or are living with their parents and relatives, the report found. Some 20,000 households of officials and public servants do not have housing or live with their parents or relatives and about 13,000 households were displaced by the city’s urban restructuring projects. The city’s People’s Committee recently held a seminar on housing solutions for young people, where market researchers revealed that up to 60 per cent of market demand is from people aged between 25 and 35 years old and most have housing demand over the next three years.
