Iranian censuses show that despite the increase in the number of home owners, the share of rental housing has increased twofold in as many decades.
This significant growth can be partly attributed to demographic and cultural developments.
Iranian households are generally willing to own their place of dwelling, as they resort to buying residential properties in order to protect their money’s value from the impact of inflation, reads an article by economist Fakhreddin Zaveh who recently wrote for the Persian economic daily Donya-e-Eqtesad.
The translation of the text is as follows:
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