What effect does the JCPOA have on housing prices?
According to Tejarat News, the housing market has experienced many fluctuations in recent years and housing prices have experienced high price growth in recent years. The increase in housing prices has greatly reduced the number of transactions, and now there is a concern that housing may enter a period of inflationary stagnation.
Many reports indicate that housing transactions have been stopped since the past two weeks and many traders are waiting for the outcome of the deal. What is the effect of JCPOA agreement or non-agreement on housing prices?
Housing boom in the shadow of the JCPOA
A housing expert said in a conversation with Tejarat News: Two scenarios for the housing market can be imagined. If the JCPOA is realized, housing will prosper and we will face an increase in prices.
Referring to the above article, Baitullah Satarian stated: If the housing agreement is not fulfilled, it will go into a deep inflationary stagnation and this inflationary stagnation will not be mixed with prosperity.
Regarding the impact of the JCPOA on the housing market, he mentioned: If the JCPOA is implemented, the production of housing will increase significantly, and as a result, prices and sales will also change.
Satarian, in response to the question whether the JCPOA can be the basis for the return of investors to the housing market, said: Retailers play a significant role in the country’s housing market, but unfortunately, these people never have a deep analysis of the market, and immediately after the government announced the construction of a million Housing knocks, they leave this market, while experience has shown that the government cannot play much of a role in housing production. Exactly the same thing happened in Mehr housing, where under the shadow of Mehr housing, the private sector’s housing production decreased significantly.
Political use of housing
He further added: Housing has a very high potential and the political use of this market should be prohibited, although the housing market has a high political potential.
Announcing the government’s role in the housing market, Satarian acknowledged that the government should only undertake the construction and especially the land supply. According to the available statistics, no government has been able to produce more than 40,000 to 50,000 residential units. Therefore, in the current situation, we should not drive the private sector out of the housing market, but by allocating appropriate financial instruments, we can encourage the private sector to increase housing production so that with the passage of time, the private sector can easily meet the country’s housing needs.
Migration of mass builders to neighboring countries
He added: In the current situation, the private sector prefers activities in neighboring countries to construction in the country, which is a serious alarm for the future of the housing market. Although construction is very profitable in the country, but due to the lack of appropriate financial tools and the lack of government support, the private sector prefers to operate in other countries.
At the end, Satarian said: Housing is not properly recognized in the government and parliament. Therefore, the demand of the parliament in the field of housing is from the Ministry of Roads and Urban Development, but this ministry does not have much role in the housing market apart from the provision of land through urban development projects, so in such a situation, the Minister of Supply of Resources depends on the construction and delivery of national housing. .