Did the housing market collapse?

According to Tejarat News, some landlords decided not to rent their property and their justification is that the value of one or two billion tomans Housing It is them, and if they invest this capital in the bank, they have much more profit than the rental rate.

Economy News According to a report, one of the real estate consultants active in the southern half of the capital, pointing out that this year due to the increase in the proposed rental rates, the migration of tenants has become unusual, and said: Although we have seen this situation in previous years, it is more noticeable this year.

He says: Even the unusual rates of the rental market do not satisfy some owners, because many of them weigh the cost and benefits.

This real estate consultant believes that some landlords even decided not to rent out their property, and their justification is that their property is worth one or two billion tomans, and if they invest this capital in the bank, they will earn much more than the rental rate. and this is insignificant compared to the monthly rent of 4 million tomans. With this justification, they increase their offer rate.

He said: Some other lessors are resisting the reduction of their proposed rate due to the fact that they make a living from renting.

Examining housing rent index in Tehran city and all urban areas in July 1401 shows a growth of 47.4% and 52.3%, respectively, compared to the same month of the previous year. The monthly growth of this index in July in Tehran and all urban areas is the same and equal to 4.5%.

At the same time, in Tehran, the rent ceiling is allowed to increase by 25%, and the official statistics of the Central Bank show the failure of the government to curb the growth of rents in the country.