The demand for property from abroad Vietnamese people is on the rise, helped along by revised land, housing and real estate laws. Apartments in Hanoi are reaching record-high selling prices because of provide and demand differences and low rates of interest, which some experts say is distorting the market. Housing disaster resulted from predatory subprime lending, excessive ranges of shopper debt, unemployment, market deregulation and plummeting residence prices. These components led to a housing market collapse in most elements of the nation during which homeowners, unable to make their month-to-month mortgage funds, ended up in foreclosure. The greatest housing story …