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Expert Urges Government to Streamline Housing Market

Expert Urges Government to Streamline Housing Market
Expert Urges Government to Streamline Housing Market

The Iranian government is capable of preparing the ground for economic reforms by planning a measured cleansing of real-estate market from speculative practices, Nasser Zakeri, an economic expert, said. 
What follows is a translation of his write-up in the Persian daily Shargh: 
Statistics show that the ratio of residential properties to households is not large. However, you can’t find a person denying the crisis that looms over the real-estate market. 
Out of 26.4 million households in Iran, over one-third (and counting rapidly) lives in rented homes. Soaring home prices have caused affordability to drop dramatically in recent years; many newlywed couples have given up on the dream of owning a home...

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