Expert Probes Record Price Hikes in Housing Market

A housing expert explains five main reasons behind the unprecedented spike in Iran’s home prices since the fiscal 2017-18. 
Mehdi Soltan-Mohammadi believes that the US withdrawal from the Joint Comprehensive Plan of Action and its maximum pressure campaign through sanctions increased uncertainty and risks in Iran’s business environment, which encouraged investors to consider capital assets as optimal investment. 
“That increased the risks of investment in other economic sectors. Real-estate market has been one of the hottest markets for investing since then,” he was quoted as saying by Hibna.