Nat’l Price-to-Rent Ratio Increases to All-Time High

The gap between the cost of buying and renting is now at its highest level in Iran.
The analytical report by the Persian economic newspaper, Donya-e-Eqtesad, using the Statistical Center of Iran’s data, shows that the national price-to-rent ratio settled at 29 in the fourth quarter of the last Iranian year (Dec. 22, 2019-March 19).
In the year ending March 2017, when Iran’s housing market was relatively stable, i.e., it did not experience a sudden and large price movement or recession, the index stood at 16. 
The price-to-rent ratio is the ratio of home prices to annualized rent in a given location, which is used as a benchmark for estimating whether it is cheaper to rent or own property.