Vietnam’s Real Estate Has a BIG Problem, Hit Hard by New CRACKDOWN!!!

[@davesivirn2283]

Airbnb has gotten out of control. it started out as a way to just have a guest stay in your home, like in an extra bedroom. It's much like a true homestay. But somehow it became a way to suck up housing stock and basically create mini hotels. In the US we are faced with a housing shortage and inflated housing costs, Airbnb has only made the matter worse when investors buy up all the more affordable housing and basically take it off the market for those who are looking to buy their first home. What started as a fun way for travelers to meet locals and have a more genuine experience greed has turned it into a burden on other residents and home owners.

[@bobnguyen6416]

Very well said...

[@1.4billion65]

or maybe politicians missed their cut.

[@tran936]

It's problematic world wide but it's worse for Vietnam since probably 1/2 Airbnb units are in a luxury skyrise apartment.

[@legendaryTMNICO]

There’s no reason to travel to Vietnam.

[@UncleHoCM]

Many cities in the US are banning Airbnb too.

[@bunbohue369]

yeah, Las Vegas has banned AirBnB in most area, even in some area allow airBnb but the HOA does not.

[@okhondaguy3288]

Airbnb has ruined a lot of major cities. All the tours I have been on in Europe. All the major cities are Airbnb and the tour guides cannot afford to live in the cities.

[@armyguytravels]

maybe this is telling us that hotels are too dang expensive and that needs to be addressed. airbnb is a cheaper option

[@consultante1650]

@@armyguytravels Not really. I have never used AirBNB. There was allways a cheaper way around, look for youth hostel or similar, and for longer stays look on Craighslist style sites or... in summer I prefer to just sleep in the car with seeing the stars in the sky (glassroof) than in AirBNB.

[@philmaturanodrums]

ABNB is totally OUT OF CONTROL Vietnam is doing the RIGHT THING! Finally some people have the guts to STOP THIS!

[@7Samadhi777]

Good law that will keep prices for the locals reasonable and prevent eventual homelessness.

[@DAVIDALD49]

In a recent vid you promoted air B&B and management clearly promoted it. It is putting the price out of reach for long term residents.

[@chriss7213]

Ty for your video, keep up the good work. I just got caught in the middle of this issue a couple of weeks ago at the Millennium. I booked on Agoda a nice looking apartment but got switched a couple of times to real dumps and refused access to the gym and pool. I was really pissed off and booked a different hotel and left. I was refunded the other days , but it left a bad taste and it all looked like a scam as these guys knew it was illegal. They obviously had a lot of rooms in these complexes.

[@tyvid]

I experienced the nightmare that is Air BnB as a property owner and part-time leaser of my place in a large condominium complex in Thailand. I bought the property brand new. A nice two bedroom luxury style apartment with all the facilities - gym, lagoon pool, jacuzzis, etc. Initially it was great. Then ... the one bedroom apartment next door was bought. Before I knew it, it was rented out with Air BnB to Russian guests. They would come and stay - up to 8 of them in the one place. Then the nightmare began. Hideously rude, belligerent, aggressive. They shout, slam doors as if it is their entitlement, talk at the top of their voices around 3am onwards (calling Russia on their phones) and cannot lower their voices. The polite requests to please reduce their noise were met with anger, slamming doors and banging on my adjoining wall. I ended up nearing a nervous breakdown and almost broke my hand after I yelled out after out-of-control Russian kids running up and down the corridor and slamming doors. I pleaded to stop slamming the doors. A Russian lady swung the door so hard I thought it would come off the hinges. I punched my kitchen table. It was at that point I put my place up for sale and rented it out after not being able to sell it for around two years. The value of the condo fell significantly. The Russian guests would hog all the pool chairs in the morning and keep all day. Their toddlers would swim naked, so I saw feces floating in the pool. I saw kids urinating into it for fun, running around trying to break windows. They misused the gym equipment, slamming weights up and down, breaking machines. Absolute animals. The Russian owners meanwhile would be back in Russia and not pay their yearly maintenance fees, meaning the place fell into disrepair due to lack of funds. Juristic management failed to enforce payments. I can 100% understand why Air BnB is a complete nightmare for residents. I rented my place out via an agent with a long-term vetted tenant. Not these random rude holidayers.

[@duongglobalbusinessconsulting]

Thanks for sharing and sorry about what you experienced. Was the AirBnB in Pattaya?

[@tyvid]

@duongglobalbusinessconsulting it was next door in Jomtien. Thanks for your comment.

[@Prahatech]

Thanks for sharing your perspective. I can relate to the owners who want to ban AB&B activity.

[@frederickclause2694]

Who would like to live in a building when 50% of it is used as a hotel.

[@J.J.J.J.J.J.J]

Many people do that all over the world.

[@ajx6417]

The other 50% should rent out their places as well and move to an even nicer building. The more expensive the place the less likely those homes will be used as an air bnb .

[@1.4billion65]

The Vietnam government surely don't like it.

[@SimpleLivingForever]

@@J.J.J.J.J.J.Jmany are doing that does not meant the local is agree with it, I don’t. Loud party, fights after they got drunk, the street filled up with all type of behicles

[@J.J.J.J.J.J.J]

@@SimpleLivingForever the "locals" where I live get many benefits out if it.

[@GeoffIngs]

It is still illegal to use your appartment as an Air B&B but we are in Vietnam Jungle Law at it`s best. Vietnamese people just don`t care about the law just money and corruption. I am sorry Ken if you facilitate this you are just backdooring it the same as the investors who just up the price of real estate. i am not a fan. There are no proper channels just backdoors.

[@kevinjorgensen1046]

If you come to Vietnam thinking you are going to make a killing in the real-estate market, remember this candid piece of advice. ''If you want to leave Vietnam with a small fortune.......come here with a BIG fortune! I've heard some absolute horror stories over the years, and personally know people who have lost everything. And I mean everything.

[@Suk.mahdik]

Don’t believe bullshit stories . I’m foreigner and bought few apartments in past 7 years. Never a problem. Can transfer the money out country no problem.

[@English.with.Mateusz]

😂😂😂​@@Suk.mahdik

[@Yru2noz]

​@@Suk.mahdikIt doesn't mean many investors didn't get wiped out.

[@Mythreesons137.]

@@Suk.mahdik If you make a profit in Vietnam you cant take the money out of the country..........

[@PietjePuk-y1l]

​@@Suk.mahdik are non citizens really even allowed to own real estate in vn though?

[@Drifterteetea]

Airbnb are as expensive as hotels now anyway, and charging a cleaning fee just takes the piss. What is the average price of an apartment in Sgn? I would guess the rental yield is terrible. Spend 250k usd and make 10trieu a month, ild sooner put it in a savings account and not have the stress.

[@hoanghuydinhduc4306]

cleaning fees are just their hidden fees now, they scam guests to believe their airbnb is cheaaper than hotel then hit the guests wwith these fees

[@English.with.Mateusz]

You're wrong. Short term rental yields much more money than long term- and even for long term those apartments don't go for 10m per month 😂, but the return is bad either way

[@Drifterteetea]

@@English.with.Mateusz I know somebody who stays at the Manor for 10trieu a month and another at Saigon pearl pays 12 trieu

[@English.with.Mateusz]

@ maybe they signed their lease contract a long time ago 👍

[@WilliamWee-h4d]

You're Trustworthy - Japan & China property bubble burst - Caveat - Ignorantia juris non excusat - Irreparable - Unrecoverable 💔

[@donerickson7305]

Note 1: if you invest, how do you know airbnb won't be banned later. Note 2: nobody likes noisy rude loud neighbors

[@hientrinhle6160]

Some kind of hotel& shelter business are banned in Việt Nam because the bad controlling of payment system & scam in financial transactions...

[@kitlee4486]

Vietnam should regulate those apartments under two category 1) under commercial district 2) residential district. Only commercial districts apartment are allowed to host airbnb. Non commercial district strictly ban it.

[@PTL4179]

On my visit VN lately, the thing surprises me the most, no zoning law as in US. You can have a business on residential area, hi rise bldg mixed with single residential, a bar can be next to a church, the list goes on and on. The regulations that Mr Duong mentioned are for taxation, not about zoning. VN as I know for hundreds of years is just like today, no concept of individual privacy.

[@grantperkins368]

​@@PTL4179you want individual privacy? Stay at home

[@mindcache5650]

No. Air BNB is terrible for private long term renters who are local and poor. Landlords take long term lets off the market. Singapore banned it from the very start.

[@tvo6453]

I paid for a month at Saigon Royal, in D4, when I arrived I was told I couldn’t use the swimming pool or gym. The Airbnb host apologized, but didn’t bother to tell me before I booked or refund me afterwards. After multiple complaints, the host did pay for me to use the private and separate fitness “GYM” located on the 1st floor. Vietnam makes everything difficult for tourists….so I’m happy to spend my money in Thailand instead.

[@sanhtu77]

bye. not everyone country wants to cater to "expats". i like it this way.

[@tran936]

I stay at my home with my own pool and own gym. No need to go Vietnam.

[@tuanivando9634]

Thanks for the info.

[@dr1ft3r07]

The video explains the issues with short term rentals and its negative impacts on the local residents. It has nothing to do with "making it difficult tourists" like you claimed. Recommend you re-watch the entirety of the video.

[@robinbrown8963]

And one day shithole Vietnam will wake up and not a tourist to be seen. Never quite got over getting their arses kicked in the war! Now POST it u UTUBE faceless bullies. And lots are subject to ur selective discrimination.

[@BaoNguyen-rg5ve]

There are way too many airbnb in big cities in general. Investing in an airbnb now is too late. I am an airbnb host for 5 years myself, and I can tell you the new hosts cannot compete well with us because their expenses are too high (recent real estate prices). The airbnb guests do cause a lot of issues for the locals, but they bring in the money for local government (tax, tourism businesses etc), so the local government has to decide. The local laws can change and ban airbnb. It depends on the city. My suggestion (even though you are not asking for one lol) is dont buy a property for airbnb business. You are too late. There is little money to be made. Not worth the headache.

[@forreal8014]

@@BaoNguyen-rg5ve I believed it was a misleading by the developers and their agents, promoting the investors can rent out $1500-$3000 per month. Not knowing the local laws can jeopardize a great losses, I hope Ken would be able to assist but then again laws changes like the weather.

[@7Samadhi777]

Vietnam doesn’t need airbnb. The locals can take care of things without this expensive middle man….

[@SeeKelso]

Loving the information you provide in every video. Thanks.

[@rikkygoh974]

No longer exclusive. But, AirBnB is good for tourism. Catering to small group & family tourists. Keeping Hotel rates in check

[@Go1bvm]

I don't understand, Ken. If the law is clear that short-term rental is not permitted for residential buildings, then how some apartments can allow airbnb business?

[@chitchatvn5208]

😂 jungle laws.

[@VK-tq4il]

Good news for the hotel businesses .

[@the_gilded_age_phoenix8717]

Great! Keep real estate affordable for regular people. All of these "investors" create big problems for society...we see it in all the Western countries and China.

[@svenerikmoeller8809]

And yet they are the primary force behind the rental market! Just like what’s happening in Melbourne Australia with investors fleeing whilst rent is raised due to a further constricted market. PS Investors use their own hard worked money whilst lazy assed folks demand that they be punished for it, why is that?!

[@the_gilded_age_phoenix8717]

@@svenerikmoeller8809 Most "investors" were born into the money. That's just a fact...I know ego wants to say otherwise. Investors just increase the cost of everything...many units remain vacant...and then everyone becomes a renter because every price is artificially inflated to the stratosphere. Yeah, Vietnam doesn't need all of these "investors."

[@the_gilded_age_phoenix8717]

@@svenerikmoeller8809 Poppycock

[@anthonytran4942]

Most new apartments will be able to do AirBnB, but after a year or two, when there’s enough home owners who reside in the building, good chances that they will vote for management who will ban AirBnB. Vinhome Bason is one. Metropole in Thủ thiêm Will follow soon. They might not stop everyone from doing it, but what they can do is not issue cards to go in and out of the complex anymore. Good luck doing fingerprints for your guests.

[@seanhartley5709]

Vìnhome Bason is finger print and they still did Airbnb when I lived there. I would see them from time to time. But yes you are correct as it would make it harder. Additionally the security usually recognizes the people that live there or are friends of people who live there. They even know them by first name often times.

[@easymoneynch]

Very interesting and informative video.

[@duongglobalbusinessconsulting]

Glad you enjoyed it

[@andy-kai-chan]

I’m puzzled how “the law is extremely clear” Vs “if the building bans it..” does this mean that condotels were constructing with ambiguous zoning?

[@QuanNguyen-nq2ux]

What's frustrating is trying to reach out to your team and no one is answering back lol

[@forreal8014]

2busy

[@duongglobalbusinessconsulting]

What’s your name and subject title? We will search and answer right away if we did not.

[@workout8614]

Hey brother, how are you. Retired civil service worker from New York City here. 1). I enjoy your content very much. I found your channel about 2 weeks ago and have been watching ever since. 2). Do you know if starting an aviation tour business over there is very difficult? I recently learned to fly and am looking to do a tour/flight school somewhere other than the US, and keep thinking about Vietnam. Either way, I wish you all the best brother. Really good content. Many blessings to you and your family.

[@dandevere5736]

My wife started Vietnam's first real estate company in 1995. Saigon properties. Today there as many real estate outfits as there are coffee shops. Everyone is in real estate now but only a few are licensed. Listen to Ken. Vietnam real estate is a mine field. "Agents" will tell you anything to get a deal. The laws in Vietnam change like the weather. Consult someone like Ken before doing anything. Trust me, I've been doing this for over 3 decades here but not anymore. Great place to live, terrible place for real estate business. Most complaints from Air B and B renters are about loud Vietnamese neighbors and bad cooking smells but it depends on the building. Owners complain about the destruction of their condo's by renters.. It's just not a good idea. Rent a hotel rom.

[@TimorSeven]

200 dollars one night rental is ABSURD..

[@brainteasers8]

It will drive up the home prices and many people in Vietnam will not be able to afford to buy a condo or a home. If you can afford it, then pay extra taxes and management fees if you rent out your property as an AIRBNB. Since short-term renters (AIRBNB clients) use up more water and amenities, the people who list their properties for AIRBNB must register with the Condo's Management or Board and pay extra management fees and taxes because they are collecting income from multiple sources. These are my two cents.

[@irawardofficial]

That's awesome Ken !!

[@MrNguyenm3]

Is the law banning short-term rentals or not? How can some buildings allow while some "ban" citing the law? You can still rent on air B&B for NYC

[@woshilinlaobei]

no one cares about shitty US A

[@UncleHoCM]

$200 and $250 isn't their margin of profit. It is their profit.

[@deweyTD]

I totally agree with the airBNB restrictions seen in many countries and cities throughout the world. Housing and home-ownership is basic living necessity . It should be prioritized for local citizens. It should not be used to accommodate people with money to inflate the housing prices so that local citizens can’t even afford to live in their own cities. If you have money to invest, there are other means where you can put your money to work.

[@bunbohue369]

I hope they do, Las Vegas and many other places in the US have do the same.

[@armyguytravels]

The problem in most countries is that hotels and too expensive and the governments keep putting high taxes on hotel stays. if they get rid of airbnb they need to adjust the prices downward on the taxes. i go places for a month or more at a time, i do airbnb and its 500-600 per month or i do hotel and it is 2500-3000 per month for the same place. make it make sense

[@SeanRat]

Mr. DUONG ...I am subscribed. But i believe the reason others are not are for many reasons as their right. Some don't want KZbin to track their their viewing with subscription or likes. Their personal choice not to be tracked! Also it's not 2020- 2022. People are back to work and don't have time or care subscribing, free information. Next many watch your on their TV and don't know how to subscribe or like it. Remember they have the right to watch any channel without giving away their personal analytics. Thanks for your info and channel. Also some feedback, I did reach out to your company but was told I had to submit personal information personal info and DOB online. No one to speak with. I feel it is very scary do so with out talking to an actual person. Not very professional.

[@ebx100]

@@SeanRat wow, that one got right past me... i will not subscribe to any new channels, what I've unfortunately subscribed to is already done. Probably kept on a magnetic disk until eternity...but of course, an android or apple phone, or a "smart tv" will know what channels you are watching. Subscribed or not!

[@duongglobalbusinessconsulting]

@SeanRat Thanks for the feedback. Without knowing the specifics of your inquiry, it’s challenging to provide fully tailored feedback, but it sounds like you may have reached out for help with citizenship or visa matters. To address this, let’s clarify a few things. First, when it comes to immigration or citizenship assessments, we offer initial evaluations free of charge-something that wasn’t mentioned here. To provide accurate guidance, however, we do need basic personal information to determine if you meet eligibility criteria. Think of it this way: no immigration office or agency can process any application without first knowing who’s applying. It’s a necessary step to ensure that we can give you the right answers. As for your privacy concerns around not subscribing, there are a few misconceptions worth clearing up. Subscribing or not won’t affect Google’s tracking capabilities. Just watching any video is enough for Google to gather data-whether you subscribe makes no difference in that regard. For true privacy, you’d need much more than just avoiding the subscribe button; that includes a de-Googled device, no SIM cards, and a VPN on a unique server to mask your activity, which tech channels can guide you through. So, while we fully respect your right to choose, not subscribing doesn’t protect your privacy in the way you might think-especially if you’re already using an identifiable profile picture as an avatar. Just some food for thought!

[@PTL4179]

We are talking about the symptoms causing by Airbnb but the root of problem is in VN, there’s lacking the concept of individual privacy.

[@JJthelonelybullinasia]

I rented an Air BnB in Da Nang for December. How can I know I'll be ok to check in?

[@pete79602]

I think the government and people need to make sure that their using a legit Airbnb that’s following the law perhaps there needs to be some kind of paper that posted in the apartment that people are using, but if people aren’t paying their taxes and are making life miserable for the residence thenthat’s just not fair for them so I think there’s a way to figure this out

[@endtimeslips4660]

problem with rbnb is justice. how government treat their citizen between the one who buy a permit, and to one who not do it which is rbnb owner. hotel will protest to government. i read this in news government want people who want rbnb to commit legal way by get hotel permit.

[@David-uk7sm]

Same thing happened in Thailand. Condo owners cried fowl when their condo fees escalated due to rising costs of maintenance.

[@tuan1alberta]

The trouble we often ran into while staying there was when we had to have interaction with local authorities. Each local seemed have its own separately rules or I interpretations of the central laws or rules, so the time was wasted to get the real and correct answers on the issues we were having. These answers from them ranging from “we don’t do that here” or “it was only a suggestion”. If we pushed to have the answer from higher sources then the answer was” my boss is away on commission? Not sure when he will come back?” If we pushed harder for the solution, then they would hint the answer would be provided via a certain sources if “gifts” were given! A society where corruption is at the core. Very disappointing to those of us who just want to carry on with normal and sane approach!Hic!😢 the laws were not always clear cut in that environment. I am sure you saw those Ken?

[@sagepirotess6312]

Do you help clients buy properties across Vietnam or just a few provinces? I am interested in buying a sapa house, condo, but having a garden time finding an agent in the ares.

[@neale3871]

The Landlords can still switch to Long Term Rentals and/or sell some of their properties. They took the risk, not the residents.

[@sflxn]

The answer should be to just have airbnb-only condo buildings. I have stayed in airbnbs in D4, I would hate to live full-time in those buildings because of the constant airbnbs coming in and out. However, if a condo building was classified as an airbnb friendly building when it's sold, then owners who want to live in them can avoid them. Those buildings can also charge higher fees to handle the wear and tear.

[@JensenChua2118]

I stayed at Vinhomes iat Lanfdmark 81 area, one of the blakcks at Landnmark 81, was that illegal?

[@dylanappenfeldt2442]

No air B&B please Avoid ever buying in a building with it there

[@SimpleLivingForever]

I live in Anaheim California, next to the Disneyland. AirB&B also banned here. All of the luxury hotels losing money to the short term rentals. I can understand why the changed is important to the big corporation but not to the small investors.

[@richardminhle]

The concept of Airbnb is basically to break the zoning laws. Airbnb and all short term accommodation must be banned worldwide.

[@siroliver8367]

That's why I only invest in condotel. If I buy an apartment it would be for mine alone

[@son_o_day]

What I like about Airbnb is that I can rent an apartment for short-long term as easy as booking a hotel. Most times, actually renting an apartment in a country like Vietnam is only possible if you have a long term visa in the country.. they don't like renting to tourists but with airbnb I can.

[@Dazzman170]

Airbnb also got thrown out of China a few years back.

[@asiabrokersclub]

Lift electrical cost increase exponential, but every unit pays fix monthly m.fee. That is the key of objection.

[@SamsungAS-qs8si]

This is why tourist do not want to live there long term too many changes against foreigners.

[@woshilinlaobei]

most tourists suck.... stick to proper hotels if you are travelling otherwise stay at home. dont be cheap

[@FreeSpeech181]

I have never stayed at an Airbnb rental. I find it to be unsafe. If I have to explain why it is dangerous, you must get your head checked out.

[@dinhscot]

I only hear no more AirBnB... sad too bad.

[@loveyourplanet8657]

It's a tough one, I can understand both sides of argument, but airbnb tennants should be more respectful, it's the few that mess it up for the many

[@sebastianniqvist3144]

I think even if a condo did not ban short term rentals the clear trend is that they will do so in the future.

[@1.4billion65]

It's clear Vietnam being a third world country for a reason

[@nayzawmoe]

How about using other platform? Are they legit? How can we know the apartment has registered / licenced for short term rent?

[@marijo202]

On Airbnb there is reference that both host and guest leave! Why do hostas accept guests with bad guest review ???!

[@blake-jackson]

Great. Wish they'd ban airbnbs in SFHs and condos that aren't shared with the owner across the US too

[@guyh9992]

I stayed on the 28th floor of an apartment tower in Long Bien in Hanoi for ten days and hardly saw another Westerner. I don't think Vietnamese care too much if short term accommodation is spread out rather than concentrated.

[@ajx6417]

Damn, I should have invested in the convenience store option. NOOOOoooooooo!

[@rvajna]

Overtourism is becoming a problem for some countries like Japan and Italy. Maybe they need to ban tourism to at least to some parts of these countries or make it prohibitively expensive for tourists to enter these places.

[@ogikilla]

OOfffffff...there goes another business idea. I have to agree, airbnb sucks for residents. PERIOD. NO solution

[@spartanpatriot2028]

Airbnb is not good for local economy Airbnb charges absurd amounts of money and only passes on a small amount to the property. I would love to see Airbnb go down.

[@PTL4179]

Wonder how does Thailand handle the Airbnb situation?

[@yamuiemata]

Airbnb is ruining the rental market...the issues it started causing in Europe it's now happening in Asia

[@먼바다-p7x]

Airbnb should be only for a single house!!!!... Otherwise, stay at hotels. !!!

[@SR-pr2xz]

😂 ah ken you funny guy.... Making noise at night in Saigon 😂 please give the time when there is no noise at night.

[@lkjanuary0323]

Hello Sir. Is Nha Ngi considered Airbnb?

[@duongglobalbusinessconsulting]

No, it's a motel

[@lkjanuary0323]

@duongglobalbusinessconsulting how can we know that it is an Airbnb here in Vietnam?

[@0...00..19]

Airbnb just needs some real better competition. That would solve everything

[@chrisncebu]

Let them rent but ban them from using the amenities. Those should be for the long term residents.

[@TestUserTestUser-yc5vm]

Banning Airbnb is good for long term residents... but to introduce the ban in retrospect after selling to investors that's not ok without compensation

[@acmedbase7602]

Long overdue! Keep AirBnB only in commercial units designed for hospitality

[@SwaggeRON]

How much do you charge for your services?

[@H-o-a-n]

I know it sounds weird but why not introduce tax on services such as rbnb first before removing it, this will give people time to change financial strategie

[@keangwooichoo6138]

Airbnb sucks. Even in penang island some are banned too

[@gbilbogbaggins]

Ok that sucks for the Airbnb people but does that mean rental prices are actually going to go back down? Everybody involved usually want to fight the rebalancing of prices even if they don't want the Airbnbs.

[@davidcase1286]

Too bad for long term digital nomads. It was easy last time I was in HCMC to get a furnished apartment for 1 month.

[@ricardoblikman2676]

I just watched one of your videos where you said you cant use certain names as a business in Vietnam like historical figures and you talk about Ho Chi Minh real estate. That should not be legal right?

[@duongglobalbusinessconsulting]

Why is that?

[@ricardoblikman2676]

​@@duongglobalbusinessconsulting Ho Chi Minh is a historic figure

[@duongglobalbusinessconsulting]

But that's not a business name. Two different things here.

[@ricardoblikman2676]

@@duongglobalbusinessconsulting A I am sorry I got confused and thought Ho Chi Minh real estate was a business name, sorry.

[@tracyrreed]

Going back to HCMC in 6 months. Will be booking an Airbnb without concern. 😊

[@chrisncebu]

You’re part of the problem.

[@Brisamars-q1c]

The number of people referred to the Home Office as suspected victims of modern slavery rose to 4,758 in the three months to September, the highest number on record, and 15 per cent higher than the 4,132 in the same quarter last year. Some 523, or 11 per cent, of the suspected victims claimants were Vietnamese, the second biggest number after UK nationals. This represents a fivefold increase in three years, from below 100. It follows a surge in the number of Vietnamese migrants crossing the Channel. In the six months to June this year, Vietnamese migrants accounted for the largest number of small boat arrivals with 2,248 reaching the UK, ahead even of Afghans and Iranians.

[@phoso1]

All the American investors are selling all their condo. Plenty of listing on the web.

[@konggg]

What is defined as short term rentals?

[@duongglobalbusinessconsulting]

Everything below 90 days.

[@timnic3850]

Vietnam, if it doesn't want to be further left behind, should be looking at the plans of housing and leasing in Thailand. Even Foreigners will be able to lease up to 99 years.

[@ThinhNguyen-f3p]

Very essential information !👍👍👍❤️❤️❤️❤️

[@fredintexas8561]

Duong, I still love your videos. Question: Where is Trang? I haven't seen her in a long time.

[@ricardoblikman2676]

This is a huge problem also in the west and Japan. You don't want tourist every day around your house. You dont know them and some cause trouble. sure 9 out of 10 bother no one and are quit but thats not enough. People want to feel safe and secure in their homes and have children around.

[@rocketmangenesis]

What are the proper channels to do it, then?

[@duongglobalbusinessconsulting]

To do what?

[@rene9385]

i have to agree get rid of Airbnb

[@mrbHanoi]

Too risky if looking for ROI. Will lose business to Thailand Malaysia and Japan

[@grantperkins368]

When will we start to view housing is a social need not an investment ?

[@ricardoblikman2676]

I dont even understand why its allowed in the west, there are simple zoning laws, you cant open a store in a house without commercial zoning but still it happends.

[@daviddoan68]

As an investor you take the risk, no point in crying. The government will ban short term rentals such as airBnB because they can't collect tax from these "investors", most if not all fly under the radar.

[@DD-yi2dh]

Renting , don’t buy. Will be a headache when sell it….

[@MichelHenriTonneau]

The concept is welcoming but the use has turned in to an abuse. It’s essentially again to make quick and big money on the shoulders of hotel industries and owners. Short term rental is needed for professional purposes when in short term duty (one to three months). A building apartment should not be used for Airb&b more than a 10 or 15% of the total building accommodation and nor over a certain ratio per area density. It unfortunately always goes in peer with education, mass tourism, cheap mentality etc.