Did the rental market go into a coma?/ Are the conditions for tenants getting worse?
According to Tejarat News, this year’s rental market made the residents hotter than other years. The sudden and significant increase in rent rates from the first month of this year surprised many tenants and even some landlords. An incident that may have been more like a bitter joke in the first days, but little by little, with the warm market of some real estate consultants, this nightmare became a reality.
Increasing displacement of tenants
According to the field reports, this year, unlike previous years, we saw an increase in the transfer of tenants. Although Ibn Mohm was largely influenced by the approval of the National Headquarters of Corona to extend the lease contract. But this year, with the improvement of the Corona situation in the country and the increase in the rental rate, the landlords were not satisfied with the same 20-25% increase in the rental rate, and most of them want a tenant with a high rent payment, which is an indication of the unfavorable conditions of many tenants.
Renting in unconventional houses
With the significant increase in the rent rate, many tenants were forced to move to the outskirts of the cities or rent rooms and sheds, although we have seen this trend in the past years, but according to the information received, this statistic set a record for this year and sent many tenants home. Parents or moved to the outskirts of the cities, which is indicative of the poor condition of the rental market and the ineffectiveness of the instructions of the Ministry of Roads and Urban Development, which is in charge of the housing market.
The increase in the number of tenants and the mirage of buying a house
With a quick look at the housing price situation in the past few months, it can be claimed that many tenants are getting a house even in the current situation where the mortgage does not even make up a third of the housing price. Many banks refuse to pay it. How can you imagine the decrease in the number of tenants? Of course, it should be noted that in the current situation, housing applicants with their savings can only be proud of the rental market for this year and stop dreaming of buying a house.