Need flexibility when the state participates in regulating land prices

(QNgTV)- The State's participation in regulating land prices is necessary, but it must be based on practical data, transparent, flexible according to the market and harmonize the interests of all parties.

Previously, the provincial People's Council decided on land prices, then gradually shifted to a market mechanism. However, reality shows that if land prices are left entirely to the market, it is easy for chaos, speculation, and price inflation to occur, causing instability to the entire economy .

According to experts, the role of the State in regulating land prices is not only necessary, but must also be done in a smarter way. That means applying technology, big data and forecasting models to ensure that land prices are both close to the market and maintain stability and fairness for the whole society.

The clear distinction between primary and secondary land prices in this revision of the Land Law is an important step forward. This approach helps to establish clearer levels in the land market, thereby supporting management agencies, investors and market participants to easily identify the role, position and value of each type of transaction. This will help the market operate more transparently, while creating a foundation for parties to negotiate, price and divide reasonably.

Understanding the primary price (the price at which the State first allocates land) and the secondary price (the transfer price on the market) will clarify the structure of land price formation, the profit level of the parties and the actual level of development of the market.

Source: https://quangngaitv.vn/can-linh-hoat-khi-nha-nuoc-tham-gia-dieu-tet-gia-dat-6505716.html