Office worker earning $550 monthly struggles to make use of over $300,000 land inheritance

By Anh Nhut   February 3, 2025 | 06:57 pm PT
Office worker earning $550 monthly struggles to make use of over $300,000 land inheritance
Farmland seen in the Mekong Delta in January 2022. Photo by VnExpress/Ngoc Tai
I wish someone in my rural hometown would buy my 50,000 square meters of inherited land for VND7-8 billion (US$277,000-316,000) so I can afford a house in the city.

I inherited 5 hectares (50,000 square meters) of farmland in my hometown, which is currently valued at worth around VND8 billion. I work an office job with a salary of VND14 million per month in HCMC.

I do not know how to run a farm since I live and work in the city, so I let my uncle use the land. My older brother, who runs a business in our hometown, also rents out his farmland to others.

With my modest salary, I have no idea when I will ever be able to afford a house in HCMC. My uncle gives me some money for using the land, but it only totaled VND10 million last year. He says there is no profit in growing rice because fertilizer and pesticide costs eat up everything.

I want to sell the land so I can afford a house in the city, but this is extremely difficult because no one in my hometown is willing to spend VND7-8 billion on farmland. If they had that kind of money, they would rather put it in a savings account and live off the interest.

What should I do with my land inheritance?

*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.

 
 
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