Can singles buy a house with a mortgage? – Tejarat News
According to Tejarat News, the mortgage amount has doubled in 1402. However, the loan amount is very different from the cost of housing in Tehran.
In today’s report, we have reviewed cheap houses under 750 million tomans in Tehran.
The new mortgage loan ceiling in Tehran has reached 400 million tomans for singles, despite the double increase. In addition to the 400 million loan, you can also get a 80 million loan to buy a house. Based on this, a single person in Tehran can finally get a loan of 480 million tomans.
Today, we will examine the price of buying housing in different areas of Tehran and we will check in which areas and with what size can Tehrani singles buy a house with a mortgage of 480 million tomans and a maximum of 270 million tomans (750 million)?
The number of apartments of 750 million tomans and cheaper in the urban area of Tehran are very few. The noteworthy point is that cheap apartments in Tehran usually do not have official documents and you cannot use a mortgage to buy them, this is the main reason why they are cheap. Based on this, it can be said that Tehrani singles cannot buy a house with 480 million loans and 270 million in cash!
For example, the purchase price of a 13-year-old 58-meter residential unit in Nematabad is 670 million tomans.
Reducing the emotional growth of prices in the housing market
Ghibi, a housing expert, says about the decrease in housing prices: “It is not good news to stop the statistics and say that housing prices have decreased. This type of emotional decline is unplanned and harmful. This type of uncontrolled process for reductions will finally stop, and with the impetus from other factors such as dollar fluctuations and international negotiations, this excitement can erupt, so that a corrective version cannot be put on this issue.
This housing market expert continued: “These factors have now prevented us from increasing the emotional price, and some who need their money and have invested in housing are submitting their files to the market. With the decrease in price, for example, compared to January 1401, if it had increased by 100% during that period, now we are facing 10-15% files that are real seller’s market.
Ghibi believes that the downward path of prices should be compared to previous price increases. He explained in this regard: “The prices have risen in the recent period of excitement and its effects are still there and have not been repaired. “A large segment of people still cannot afford to buy a house.”
The role of the government in the state of the housing market
Regarding the possibility of stabilization of prices in the housing market, Ghibi said: “If the government can move the housing economy in a direction that will be stabilized as a commercial product with the impulses of other parallel markets, and relative prosperity in its heart, with proper policy and implementation of programs.” To have means success. This issue will make us stabilize in terms of prices in the coming months, but if this market cannot be controlled and the government and municipality look at the housing sector with an investment and commercial perspective, the control of this market will be out of the government’s hands.”
He continued: “If these things are put aside and a comprehensive look at the housing market is taken and we control it, we will hope for stabilization.” If this view is not corrected, we may face an increase in price.”
Ghaibi also said about the ratio of the price increase in recent years to the downward trend of prices: “In the last five to six years, housing prices have increased by several hundred percent, but the price decrease during this period has been between 11 and 22 percent at best.” I believe that a property will never decrease by 50%. In reducing the price, the government loses in its first step, which has the highest property and state capital. Ordinary people should be informed to benefit from this space and make their purchases.”
Source: Online economy