‘You go ahead and swing your arms too much…’

Listening to you say, and then looking at my hometown, it is true that residential areas have sprouted up “like mushrooms after the rain”. The demand for residential land is a real national need, but the density is unevenly distributed. In big cities, big cities, that demand is very high.

As for the rural areas, where there are no industrial parks, there are not yet densely populated areas, the demand is certainly not high. But unfortunately, now real estate investors, especially “emerging stars”, find it very difficult to squeeze into the “farmlands of honey land”, so they disperse to rural areas, where the land is. I still have a lot of fields, even though the demand for residential land or houses is not high, I just “ask for a project” and then manage, depending on the actual situation, when there is “demand”, my “supply” will immediately show up. . Thinking is doing, they run to apply for the project. Their aspirations coincide with the aspirations of some officials, including district and provincial officials, so projects are continuously signed for survey and birth.

Therefore, when the new term of the leaders of Quang Ngai province began to work, on December 15, 2020, the leader of the Economic – Budget Department of the People’s Council of Quang Ngai province said that up to now, the locality has granted investment policies to the province. 103 projects (equivalent to 44,800 land lots); granted approvals for 247 residential and urban projects (equivalent to more than 4,678 hectares of land) to investors.

These projects have been “signed for approval” but have not been implemented, and have become a burden for the provincial leadership in the new term.

At the meeting of the Provincial People’s Council at the end of 2020, Chairman of the Provincial People’s Committee Dang Van Minh said that he will review 247 residential projects that have been granted investment survey policies under the previous direction. Among the 247 projects mentioned above, 178 projects have been approved by the Chairman of the Provincial People’s Committee (last term) to allow research and survey; 8 projects issued and transferred by the Office of the Provincial People’s Committee. The remaining number is 38 projects proposed by local authorities of districts, towns and cities; The Management Board of Dung Quat Economic Zone and Provincial Industrial Parks proposed 23 projects.

Just think, 247 residential projects in a province where the land is not too large and the population is not yet “overcrowded” like Quang Ngai, what can investors do? Therefore, the story of the project hanging, the bad debt of the bank also arises from that, if not resolved soon, the “aspiration for the residential area” may become a disaster. Especially in the period of Covid-19, and after this fierce storm and flood season, no matter how optimistic we are, the reality of the economy is still very difficult. Housing demand, therefore, cannot be “hot” when people’s incomes are still low, and “real estate traders” who buy to consume products are still very cautious, because buying is easy and selling is easy. difficult.

Therefore, the statement of the Chairman of Quang Ngai province: The rampant urban area project is unusual and is a true statement with reality. Only thing, now how to deal with these hundreds of “unusual” projects, even on paper, and even “hanging” projects for 22 years that have not been resolved yet?

The withdrawal solution is a must-have solution, although it is very touching to the investors who have received the project’s license. Many investors will lose money even before the project has been implemented, because this “residential aspiration” is always calculated from both sides.

There is a folk saying: “You go ahead and wave your hands too much / I can only cry when I go behind” is a fact, just like “residential inflation” is a fact.

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