Part 5/11:
This inflationary trend is reflected in Vietnam's property market, where housing prices have soared at an annual rate of around 10% since 2015. The median home price in Ho Chi Minh City now stands at about 32.5 times the average household income—a staggering ratio that places homeownership beyond the reach for many. As a result, it currently takes an average of 15 years for average earners to save enough for a down payment on a home.