People do not buy houses with bank loans?
According to Tejarat News, the decline in home purchase statistics with Bank loans According to the April report of the Central Bank, it is so severe that it seems surprising at first glance; But if this statistic, like previous reports by the central bank in terms of the share of various sectors of economic facilities, is not without problems, it seems that the mortgage has come to an end with the current ceiling and conditions.
Quoted from the world of economyIn April of this year, the total loan paid to the housing and construction sector in the country for the purchase of newly built and non-newly built houses has been announced as a total of 50 billion and 900 Tomans. Considering that this year, the average housing facility allocated to each couple to buy a housing unit in the whole country is 320 million tomans, it can be estimated that in total, only 18 couples have bought a house with a mortgage in April this year.
Even assuming that all borrowers apply for an individual loan in April this year, the number of facilities received will double, but still a total of less than 50 mortgages have been offered to apartment buyers this month.
This statistic becomes significant when compared to the situation of the same month last year. The report of the Central Bank on the share of various economic sectors in banking facilities in the country during April 1400 indicates the payment of 736 billion tomans of housing facilities in this month, which according to the average of 160 million tomans of housing loans in the country last year, It is estimated at about 4,600 units.
It is noteworthy that in April of last year, 800 newly built residential units were traded in Tehran for up to five years, while in the same month of this year, this number has increased to 1,100. These figures are important because they show that even if all the newly built houses traded in Tehran this year were traded on loan from the buyer, they account for up to 25% of the total. Thus, if the report is true, it can be practically announced that the mortgage has been completed.
Turning away from a mortgage can be attributed in the first place to the disproportion of its installments to the affordability of housing applicants. At present, the installment of a mortgage loan for couples with a ceiling of 400 million Tomans in Tehran, including forgery of 80 million Tomans, is about 80 million Tomans per month, which is difficult and even impossible to pay for many applicants for housing and first homes.
On the other hand, despite the repair of the roof Bank loans Buying a home in September 1400, this loan still lacks adequate coverage of the housing price. At present, the sum of couple loans and mortgages, despite the heavy installment, covers less than 30% of the average rial value of a unit of a transferred apartment.
Thus, it seems that housing applicants are waiting for reforms that affect the status of mortgages, and as long as these reforms are not implemented, they will turn away from it.