The new housing law has 13 chapters and 149 articles, which is fewer than the current law.

One big change is that people can own apartments for as long as they want.

Before, ownership would have ended when the building was too old or not safe.

If a building was old, the government would check if it was still safe to live in.

If it was safe, people could keep living there. If not, the building would be torn down.

Rules about building lifespan are still in place.

Even though the ownership plan is gone, the new law still talks about building safety.

The law says that a building's lifespan will be decided based on its design and condition.

The lifespan must be written in official documents and starts from when the building is finished.

When a building gets old or damaged, the government will check its condition.

If a building is too old or damaged, it must be torn down.

To help residents, the government may let them stay on the same land if it's still zoned for apartments.

If not, homeowners will get money or a new place to live nearby.

Property rights should be clear and fair, says a legal expert.

A real estate lawyer says that changing apartment ownership rules would have big effects.

For many Vietnamese families, an apartment is their most valuable asset and a place to live.

The lawyer asks many questions about how the new rules would work.

He thinks that even with clear rules, people would still be unsure when buying a home.

The lawyer says that lawmakers should be careful when changing property rights.

The main problem is not with ownership rights.

The lawyer says that the biggest challenge is balancing the interests of residents, developers, and the government.

Residents want fair compensation and better living conditions.

As long as the three groups don't agree, redevelopment projects will be stuck.

The lawyer notes that new laws have given the government tools to redevelop old apartments without changing ownership.

He thinks that policymakers should improve redevelopment policies before changing ownership rules.

The solution should start with better redevelopment policies, not creating uncertainty for homebuyers.

Hong Khanh