Ineffectiveness of loan and deposit on the rental market/execution of failed plan – Mehr news agency Iran and world’s news
According to the Mehr reporter, it was just a few days ago that the head of the housing economics office said about the limited resources of banks to finance housing loans and deposits. informed Was; But now the MPs have agreed to increase the amount of housing deposit loan.
Based on this, the central bank is obliged to start the work and social welfare through the banks responsible for paying the 1402 tenants housing loan and deposit in the case of the approval of the Supreme Housing Council. According to this resolution, the new ceiling for the housing deposit facility will be 200 million tomans in Tehran, 150 million tomans in provincial centers, and 100 million tomans in other cities.
On the other hand, today the representative of the people of Tabriz in the parliament proposed to grant a housing deposit loan of up to 40 million tomans for the villagers, which faced the approval of the government and the opposition of the construction committee of the parliament, but it was finally approved by the representatives.
Lack of financial resources of banks
Recently, the head of the housing economics office stated that due to the current limitation of the banks’ resources, there is currently no plan to increase the 1402 tenants’ loan and deposit.
So far, despite the approval of this plan, no specific source for financing it has been announced, and it seems that increasing the amount of the loan may be seriously hindered by the lack of credit in the next stages.
The deposit loan is ineffective
Alireza Mehdizadeh, housing expert Regarding The effect of the increase in deposit loans on the rental market, he told Mehr: This increase in deposit loans does not increase the purchasing power of people, and the housing market also Sakhs Hi Khas follows and in the long term it has increased from 20% to 40%. On the other hand, someone who bought a property to avoid the depreciation of the building does not rent.
He further added: low rent for Land lord It has a value, so the property is not offered in the market, and this is facing an increase, with the increase in the loan and deposit, nothing will happen in the rental market.
In the end, this housing expert stated the solution to reach the equilibrium of the housing market as follows: horizontal expansion and construction of one and two-story houses can cause the house price to decrease, and it is the supply that causes the equilibrium to be reached and otherwise the market Not Clear may The hive also increases underground contracts. The only solution for transparency in the housing market is the need for horizontal construction.
Increase in inflation in the rental market
Farshid Ilati, housing market expert Regarding The effect of increasing the deposit loan on the rental market, he told Mehr: The deposit loan has been given to tenants for several years, but it is an ineffective policy that the government repeats every year. Why? Am The increase in the deposit loan causes inflationary expectations, this deposit loan has the opposite effect on the rental market.
He further added: These 40 thousand billion tomans of loan and deposit resources can be built construction and this money can increase the construction process and it is the increase in construction that can balance the rental market.
In the end, this real estate expert stated: On the other hand, it is not known to whom the loan and deposit will be awarded, and there is no accurate information infrastructure in this regard, and this repetition of a failed plan.
According to Mehr reporter, some time ago the members of the parliament announced that the deposit loan has reached 200 million tomans, a loan that may never reach the real tenants and the main problem of increasing the deposit loan is that it disturbs the rent market instead of equilibrium and the rent increase It brings a price.