The housing market has suffered enormously from the consequences of misguided policies in recent years, Gholamreza Salami, a housing expert, said in an article for the Persian economic daily Donya-e-Eqtesad.
A translation of the article follows:
Poor policymaking in this market has led to capital flight and dire housing conditions for households.
Frequent increases in home prices, an eightfold increase in exchange rate and the 40% inflation of recent years led to a significant rise in rents.
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