Housing market forecast next year / construction will increase? – Tejarat News
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According to Tejarat News, the housing market has been in unfavorable conditions for a long time, and now, with the unprecedented increase in the price of the dollar, it seems to be moving towards a more critical path.
If the situation of inflation and financial markets continues in the same way, next year, the desire to buy basic goods in households will prevail over all other needs, and the dream of buying a house will be pushed back even more than now.
In the market these days, the situation of mass builders is also not suitable, and the demand for housing construction is stagnant more than ever before. But what was the reason for this decrease in desire to build in recent years?
Reducing the interest of mass producers
Fardin Yazdani, an expert on the housing market, told Tejarat News: Construction is no longer profitable. One of the factors that make up the cost of housing is the price of land, permission and building construction. The interaction of these items with the sale price of the property and its changes indicates that the profitability of the building has decreased and, on the other hand, the profitability of the apartment as an asset has increased; As a result, it is obvious that interest in investment will decrease.
He continued: These issues are caused by economic turmoil; This means that the asset market is in a critical situation because the foreign agreement has not been reached and the tension is constantly increasing, and the desire to invest has generally decreased. The main knot is not in the housing market itself, but in the macro economy.
Yazdani also said: After the builder builds an apartment, if he wants to sell it and replace it again, he has difficult steps and has lost his attractiveness. In general, the government should not interfere in the housing market, but should focus on the classes that have social problems to provide shelter.
Housing market outlook
This housing market expert said about his prediction of the future of this market: In my opinion, the process of production reduction will continue, except for the small production that is within the framework of the national housing movement plan, and maybe its construction will continue until 100,000-200,000 units.
He continued: According to the increase in the dollar rate, it seems that the increase in housing prices will continue and the fever of the property market will also increase, including land and housing.
Solution to improve the housing market
Yazdani explained about the solutions to solve the housing problems in the next year: improving the foreign policy situation, controlling the free trade flow, controlling the liquidity inside the country, reducing the directive policies in the business environment are among the things that will make the housing market with crisis in the next year. do not face But since it has become difficult for households to meet basic needs, it is obvious that there is no money left to enter the capital markets.
Some experts look for the improvement of the housing market situation somewhere within the housing market itself, such as increasing the supply through the completion of the national housing project or controlling the price of construction materials.
But as it was said, until the general problems of Iran’s economy are not resolved, the housing market will not be settled. Even now, the increase in the price of the dollar and inflationary expectations are the main factors that have caused the market’s activists to worry about the coming year.
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