Impact of the COVID-19 pandemic on commercial housing demand in Vietnam

IF 2.2 Q3 MANAGEMENT
Nguyen Thi Hue, Pham Phuong Nam
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引用次数: 0

Abstract

Purpose

The study aimed to determine the impact rate of the COVID-19 pandemic on Vietnam’s commercial housing demand as compared to other factors and proposes several policies to increase housing demand as a result of the pandemic.

Design/methodology/approach

The study randomly investigated 400 homebuyers during the COVID-19 pandemic. The structural equation model, SPSS20.0 and AMOS24.0 software were used to determine the impact of factor groups on housing demand.

Findings

The COVID-19 pandemic has a second impact after housing prices on commercial housing demand, followed by 10 other factors. The impact rates of factors range from 3.45% to 15.74%.

Research limitations/implications

The study has only determined the extent of the impact of the COVID-19 pandemic on housing demand in Hanoi city, so it is necessary to continue to study this issue in other provinces and cities of Vietnam. The proposed research method would be consulted when it is necessary to determine the factors affecting housing demand in other countries around the world.

Practical implications

The study proposes some implications related to commercial housing demand in the context of the COVID-19 pandemic such as fighting the epidemic, supporting housing investors; reducing loan interest rates; increasing the time to pay for housing; supporting enterprises to stabilize production; strengthening real estate brokerage and carrying out administrative procedures online.

Social implications

Investors and the State can use the implications to make the right housing decisions to provide housing for people and maintain social stability.

Originality/value

To the best of the authors’ knowledge, this paper presents for the first time a method to determine the impact of the COVID-19 pandemic on commercial housing demand in Vietnam. The paper also points out some specific factors affecting commercial housing demand that are different from those shown in previous research.

COVID-19 大流行对越南商品房需求的影响
目的本研究旨在确定 COVID-19 大流行病与其他因素相比对越南商品房需求的影响率,并提出几项政策来增加大流行病导致的住房需求。采用结构方程模型、SPSS20.0 和 AMOS24.0 软件确定各因素组对住房需求的影响。研究结果COVID-19 大流行对商品房需求的影响仅次于房价,其次是其他 10 个因素。研究局限性/意义本研究仅确定了 COVID-19 大流行对河内市住房需求的影响程度,因此有必要在越南其他省市继续研究这一问题。本研究提出了在 COVID-19 大流行的背景下与商品房需求相关的一些启示,如抗击疫情、支持住房投资者、降低贷款利率、延长住房支付时间、支持企业稳定生产、加强房地产经纪和执行在线行政程序等。社会影响投资者和国家可以利用这些影响做出正确的住房决策,为人民提供住房,维护社会稳定。 原创性/价值据作者所知,本文首次提出了一种确定 COVID-19 疫情对越南商品房需求影响的方法。本文还指出了一些不同于以往研究的影响商品房需求的具体因素。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
4.30
自引率
15.80%
发文量
56
期刊介绍: Journal of Facilities Management is a strategic level journal for Heads of Facilities and Corporate Real Estate. Guided by its international and expert Editorial Board, Journal of Facilities Management publishes high-quality, authoritative, and detailed analysis, briefings and case studies on how facilities can and do play a vital part in helping deliver corporate strategy. This quarterly publication features contributions from leading practitioners and thinkers in the field of Facilities Management, from some of the leading companies, government institutions, and universities in the world. The journal features a combination of theoretical and practical articles, complemented by a wide range of case studies and regular features, identifying key implications for senior practitioners in Facilities Management.
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