The share of household expenditure pertaining to housing has increased from 33.2% in the year ending March 2014 (President Hassan Rouhani’s first year in office) to 36.4% in the year ending March 2020.
According to a report published by the Ministry of Roads and Urban Development on its website, housing accounted for 33.4% of total household expenditure in the year ending March 2015, 33.7% in the year ending March 2016, 34.1% in the year ending March 2017, 33% in the year ending March 2018, 33.9% in the year ending March 2019 and 36.4% in the year ending March 2020.
A total of 3.58 million homes in urban areas and 479,000 homes in rural areas were built during the seven-year period.
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