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The government’s cover-up on housing price explosion / Why are the statistics of housing developments not published? – Tejarat News


According to Tejarat News, the growth of housing prices started in the autumn of last year following the rapid rise of the dollar price. A process that showed itself every time, even though the price was accurate in the monthly reports of the central bank. With the end of the autumn season, however, the central bank stopped publishing housing statistics. The housing market interpreted this action as the government’s cover-up for housing price developments, and therefore the excitement of price growth increased.

This trend was strengthened simultaneously with the rise of inflation in all economic sectors and the rising trend of the dollar price, which has a high correlation with housing prices. As far as housing market experts predicted, by June of this year, the average housing price in Tehran will exceed 60 million tomans. Now, field investigations indicate that the price of each meter of residential unit is far away from the same number and figure, and there is no decision to reduce it.

A fact called “price stickiness”

Although the price of the dollar has been on a downward trend for some time, the housing market has also been emptied of transactions, and both types of investment and consumption demand have seriously decreased, but housing prices have remained high due to a phenomenon called “stickiness”.

Even if the government tries to insinuate with media maneuvers and news therapy that the housing price has decreased during the last two weeks and at the same time as the price of the dollar has fallen, the reality of the market and the files provided by real estate consulting firms prove the opposite.

Based on this, it is said that the government has not only failed to control housing prices, but has also tried to cover up the unsettled housing situation by censoring statistics.

Housing in the inflation trap

This is despite the fact that in recent weeks, a media wave has been launched to suggest that housing prices have clearly decreased in Tehran. At the same time, TejaratNews’ field investigations indicate that housing has fallen into the trap of inflationary stagnation; This means that the prices are at high levels, but there is no news of transactions.

Although the housing price reduction is considered a very pleasant event if it happens, it cannot be denied that the government has been clinging to the rotten thread of news therapy and accusing the players of the housing market instead of real treatment of the economy and especially housing in recent months.

This trend has happened while the heavy shadow of the government’s statistical silence has cast a shadow over the housing market and the prices have increased at the bottom of the market. Based on this, the reprehensible point about news like this is the government’s axing of the high cost of housing and ignoring the lack of work of this institution towards the housing market.

The price reduction is not seen in the housing market

Farshid Pourhajat, a member of the board of directors of the National Association of Mass Housing Builders, emphasized that the lack of statistics is a disaster for the housing industry and other industries of the country, and said that whenever we have suppressed the statistics with harmful measures, we have also paid heavy consequences.

In response to the statistics of a 20% decrease in housing prices, he said: In the past months, we did not have any statistics in the country regarding the housing sector to monitor the statistics to find out whether we faced a decrease or an increase in housing prices, or a decrease or We faced an increase in housing production!

In an interview with Khabar Online, Pourhajat emphasized: Based on this, it seems that it was a mistake to mediate the situation of prices in a very documented manner without knowing the conditions of the housing market.

This member of the Board of Directors of the National Association of Mass Builders of Housing has stated: As a person who worked in the housing market for many years, I did not observe a 20% decrease in housing prices under any circumstances, and the market is in a special condition as in the past and there are no fundamental changes in The housing market has not occurred.

Read more reports on the housing news page.

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