Housing prices have increased by 950%! – Tejarat News

According to Tejarat News, some media close to the government claim that “houses are becoming cheaper”, but the research center of the Islamic Council has reported on the critical situation of housing in Tehran and the 950% increase in its price over the past five years.
In a five-year section of the housing market, citing the statistics published by the Central Bank, the Majlis Research Center has announced that each square meter residential unit in the twenty-two districts of Tehran from December 1996 to December 1401, from 5 million and 88 thousand tomans. It has reached 48 million and 73 thousand tomans.
Based on this, the housing in Tehran metropolis has witnessed a growth of about 950%, while in the same five-year period, the minimum wage of the workforce, which is determined by the government, has increased by about 600%, from 1,125,000 tomans to 6,000,000 And it has reached 725 thousand tomans.
Housing inflation in 12 years
The reports of the Iranian Statistics Center show that the average housing price in Tehran in the fall of 2009 was one million and 843 thousand tomans; This average price has grown to 48 million and 288 thousand Tomans 12 years later, i.e. in the fall of 1401, in an unprecedented event.
In other words, it can be said that the average housing price in Tehran has increased by 2500% and has grown 26 times between the autumn of 2009 and the same period in 2001.
In other words, in 2009, a person could buy an apartment of about 50 meters in average level with about 100 million Tomans; Now, however, he has to spend about two billion and 500 million tomans for the same residential unit.