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Harsh Reality of Low-Income Individuals in Acquiring Social Houses in Vietnam: Outlining Contradictions and Illogicalities of Ongoing Laws and Proposing Practical Amendments
Abstract
The Vietnamese Government’s law on the construction and distribution of social housing has made strides in addressing the housing needs of low-income individuals since its implementation in 2004. However, it has also faced challenges, such as a scarcity of social housing supply, high costs for low-income people, and social housing speculation by the rich. This study aims to identify these inconsistencies and propose significant recommendations for legislators to promptly amend and supplement relevant laws, thereby promoting the development of social housing, effectively resolving the housing demand of low-income classes, and enhancing social security in Vietnam. The study provides lawmakers with recommendations on how to revise and supplement the relevant laws.