Understanding “Bom Gia”: Navigating the Complexities of Vietnamese Real Estate Bubbles
Understanding “Bom Gia”: Navigating the Complexities of Vietnamese Real Estate Bubbles The term “bom gia” (bơm giá) in Vietnamese translates to “price bubble” or “price inflation.” It’s a phrase frequently used to describe situations where asset prices, particularly in the real estate market, rise rapidly and unsustainably, often fueled by speculation rather than genuine economic … Read more