Housing accounted for 27.4% of total expenditure of Iranian households in the year ending March 2020, a report by the Ministry of Cooperatives, Labor and Social Welfare says.
Around 36% of Iranian households spent more than 30% of their total expenditure on housing. The percentage of Iranian households who didn’t have access to affordable housing stood at 45% in urban areas and 10% in rural areas compared with the global average of 20%.
Time needed to become a home-owner in Iran was put at 24.4 years compared with the global average of 10 years. At the provincial level, 79% of households living in Tehran didn’t have access to affordable housing (the highest in the country) compared with 10% each in South Khorasan and Chaharmahal-Bakhtiari.
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