JOURNAL OF MATERIALS & CONSTRUCTION
ISSN: 2734-9438
Website: www.jomc.vn
Factors affecting social housing development in Hanoi city
Abstract
The development of social housing is currently one of the top concerns both nationwide and in Hanoi City. A high demand for housing, coupled with a limited supply, has resulted in high prices for purchase, rent, and rent-to-own options. Hanoi’s Urban Development Program aims for an urbanization rate of 55–65% by 2030 and 60–70% by 2035. With rapid urbanization comes increasing challenges related to living conditions. In practice, several factors continue to affect the development of social housing in Hanoi, both in terms of supply and target beneficiaries.
References
- . Prime Minister (2021), Decision No. 2161/QD-TTg dated December 22, 2021, approving the National Housing Development Strategy for 2021–2030 with a vision to 2045.
- . Hanoi People’s Committee (2023), Decision No. 1186/QD-UBND dated February 23, 2023, approving the housing development plan for Hanoi City for 2021–2025.
- . Prime Minister (2023), Decision No. 338/QD-TTg dated April 03, 2023, approving the project “Investment in the construction of at least 1 million social housing units for low-income earners and industrial workers during 2021–2030”.
- . Hanoi People’s Committee (2022), Decision No. 3627/QD-UBND dated October 03, 2022, approving the housing development program for Hanoi City for 2021–2030.
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- . National Assembly (2023), Law on Housing No. 27/2023/QH15 dated November 27, 2023.
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