Can I buy a house in Vietnam with 50,000 yuan?

It is almost difficult to buy a community like China.

High housing prices are a common problem in China and Vietnam, and Vietnam seems to be even worse.

RMB 5 million for a 100-square-meter house in Beijing's third and fourth ring roads has become the norm. But for middle-income outsiders, even if two people work for 15,000 yuan per month, without the help of their parents, young people have to work for 20 years to buy a house without food or water.

In Hanoi, Vietnam, the middle-income class who come to work from other provinces face even more severe challenges. Within a 5-kilometer radius of downtown Hanoi, the price of a house of about 60 square meters can be sold for as much as 2.5 million U.S. dollars and as low as 200,000 U.S. dollars. In the suburbs 10 kilometers away, the price of the same house is about US$60,000 to US$200,000, which is an astronomical figure for salary earners.

If you take into account the salary of ordinary white-collar workers in Hanoi, which is between 200-600 US dollars per month, a couple, without the help of parents, must work for 30-50 years to buy a decent house.