150% rent increase – Tejaratnews
According to Tejarat News, Saeed Lotfi said about the support package of the government and the Ministry of Roads and Urban Development for tenants and the requirements that should be considered in this package, including the ceiling of the housing loan and deposit: So far, there are no details of the government’s support package for tenants for this summer. It has not been announced, but the fact is that the packages of the past years did not meet the needs of the tenants and could not help to solve the problems of the tenants.
He continued: The intervention of the government in the form of a support package for tenants not only did not help the tenants, but also inflamed the market, so that by setting a 25% ceiling on the rent increase, it became the cause of the high price in the housing market, and in fact, it gave the owners the opportunity to 25% to make the rent more expensive, while some landlords and owners did not intend to increase the rent up to this limit.
The secretary of the Tehran Association of Real Estate Consultants emphasized: On the other hand, the 25% ceiling increase was not observed, and the government did not guarantee its implementation, and the market was not monitored, so that in some areas we saw a 150% increase in rent, but the tenant could not obey this ban. the government had applied it in a reference, and basically the owner who wanted to increase the rent did not pay attention to this prohibition of increasing the rent by more than 25%.
A 100 million loan is not an answer
Regarding the deposit loan in the support package, Lotfi said: Housing has become so expensive over the past few years that this 100 million tomans loan is not viable in Tehran and cannot cover a significant part of the mortgage amount, and on the other hand, the tenant to receive this loan must Haft Khwan Rostam is left behind and in the end they find an excuse for not paying this loan to the applicant tenant and the tenant agrees to it.
He added: “The rent is a function of the housing price, and the more expensive the housing, the more the rent increases, and last year we saw a significant increase in the housing price, and the 100 million tomans loan for the tenants’ deposit will definitely not work anymore.”
The Secretary of the Union of Real Estate Consultants stated that the minimum loan and deposit of tenants should be tripled this year, and stated: In increasing the loan limit, what should be considered is the repayment limit and its installments, and by increasing the loan limit, the number of installments for the stratum should not be increased. The tenant goes up.
Lotfi emphasized: A household that, in addition to other living expenses, has to pay rent that exceeds the inflation rate every year will no longer have savings for a mortgage, so the government should increase the tenant’s mortgage payment ability through loans, but the important issue is the amount of repayment installments, which should not be with interest. It should be considered conventional and higher than conventional banking, but banks were always thinking about their own pockets and tenants’ access to this loan has decreased.
The secretary of Tehran Real Estate Consultants Union criticized the government’s stance on real estate consultants and their influence in increasing housing and rent prices and said: My question to the government is that if real estate consultants don’t receive any percentage as commission, won’t housing become more expensive? The government should not give the wrong address. The reason for the high cost of housing and rent is other issues, and ultimately it is the owner who determines the rate based on economic conditions. The
Source: Ilana