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Realty investors see big losses instead of quick gains in 2022

Realty investors see big losses instead of quick gains in 2022

Many people borrowed money to invest in property in 2022, hoping to make quick profits but lost instead as tightened credit drove up interest rates and hit liquidity. In late 2021, Nu bought an apartment for VND2.5 billion (US$104,000) in the southern province of Binh Duong, hoping to resell it …

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