7 times growth in housing prices in the last 4 years
According to Tejarat News, Mohammad Reza Ghasemi, President of the Shemiran Real Estate Association, stated in a press conference on the challenges of the housing market: “Since 2017, some properties in Shemiranat have seen a sevenfold increase in price.” Three-year-old apartment, which was 9 million Tomans per square meter in 2017, has now reached 60 million Tomans per square meter, and the price of new construction has increased sevenfold.
He added: The transactions that are done in the housing market sometimes differ by more than 30% from the offered prices. A penthouse was priced at 220 million Tomans per meter, but 160 Tomans per meter was sold. So if owners want to turn their capital into monetary capital, they have to be flexible.
“Prices should come down,” Ghasemi said, noting that real estate consultants should try to provide real information to buyers. It is a lie to say that the price is raised by real estate offices. There may be people who do not know the job and make mistakes and cause the buyers’ mentality to go around the price increase.
The head of the Shemiranat Real Estate Advisors Union said about the tax on vacant houses: “Ordinary people do not own a large number of houses.” Most vacant units belong to banks, and as property rises in price, so do their assets.
“If something is approved, it should be implemented, but as someone at the bottom of the housing market, I see how much real estate consultants are trying to reduce housing prices,” he said of the parliament’s plan to reduce the tariffs of real estate companies, which is being pursued by the parliament’s civil commission. Slowly Anyone who paid more than 25% of the commission, which is correct to the real estate consultants, can receive a complaint to the union and an overpayment.
Ghasemi noted: “We proposed to the previous parliament that the figure of 9% VAT on rental contracts should not be collected from tenants.” Interestingly, some MPs did not know that tenants would be taxed at 9%. They were supposed to follow up, but in the end it did not work out.
The momentary rise in housing prices is no longer happening
Continuing the meeting, Iman Khodabakhsh, a housing market expert, said: “According to the plans of the new government and Mr. Raisi, my personal opinion is that we have a good market in the future and we will not increase prices, but we will not reduce prices.” Due to rising dollar prices, building materials and a sharp rise in housing prices, many consumer applicants have not bought in the last two years. Therefore, a part of the demand behind the market is waiting for the housing market to stabilize and be able to enter the market.
He added: “If the annual production of one million housing units occurs in the country, we will definitely not have a price increase.” Given Mr. Ra’isi’s detailed plans and the resumes I see from him, there will definitely be no momentary increases.
Khodabakhsh stated: Currently, due to the corona virus epidemic, many stores are closed and services are provided in cyberspace.
He said that a real estate consultant is a consultant in the first place and should not be just a seller, adding that the consultant should have a thorough knowledge of the real estate market in his area. Mr. Real Estate’s platform allows real estate consultants to be ranked based on activity level. All construction jobs are also covered. Building intelligence, warranty and purchase security are also among the functions of this system.
According to Khodabakhsh, all construction material manufacturers and builders enter this application, who have their own profiles and rankings.
The housing market expert said: “A site has been created that calculates the housing price and rental rate of the housing unit in question, which determines the ceiling and floor price of the area.” Many apartments are now being rented for higher than the actual rate due to higher demand than supply.
Abdullah Otadi, a member of the board of directors of the Union of Real Estate Advisors, also said at the meeting: “Corona was good for applications, no matter what, and the number of visits from housing customers in cyberspace increased.” Of course, some of the applications were misused a bit, and when they saw that their popularity was higher than in the past, they multiplied the price of their services, which we took action from the Penitentiary Office to prevent.
Source: ایسنا
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