Leading Economic Expert Appraises Housing Challenges

Hossein Abdoh-Tabrizi, a prominent figure in Iran’s housing and finance sectors, has appraised the main challenges facing Iran's housing sector.
In his opinion, the toughest challenges facing Iran’s housing sector include unreasonably high prices of residential lands, speculative activities, lackluster mortgage market, weakness of laws and high volume of poor housing in slum settlements, the Persian economic newspaper Donya-e-Eqtesad reported. 
He believes that to tackle these four issues, decision-makers need to adopt key policies, including improving the access to home financing, supporting private sector in supplying homes and improving the management of residential land market. 
“Presently, in addition to indexes and variables of the housing market per se, the distribution of population in large cities is reflective of the adverse outcomes of policies carried out in the past,” he told a gathering at the Institute for Management and Planning Studies.