Tuesday, February 5, 2008

NPR: Real Estate Booms in Communist Vietnam


Home prices may be slumping in the United States but in communist Vietnam, they are going through the roof.
In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.

more info->NPR: Real Estate Booms in Communist Vietnam:

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