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:
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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