Will housing prices decrease? – Tejarat News

According to Tejarat News, read the important prediction of an expert on the real estate market in this news.

Housing is not something that is planned for one year, and it is not wheat that is planted this year and harvested the next year.
A housing market expert believes: As long as the housing market situation is like this, housing market inflation will outpace overall inflation.

Baitoleh Satarian wrote in a note: Governments cannot make the housing market promising for this year and next year, but the plans and actions that are being made will affect the housing market for the next 5 years.

He added: “Housing is not something that is planned for one year, and it is not wheat that is planted this year and harvested the next year.”

This housing market expert stated: If they do something right now to make the markets flourish, the private sector will have all the financial tools to be able to produce one million housing units per year, and the result will be visible in the housing market in the next 5 years. and in the next 5 years, we can say that housing will experience an increase in price in the face of inflation, like other consumer goods such as chicken or eggs, and its inflation index is proportional to other consumer goods in the market.

Satarian pointed out: But as long as the situation of the housing market is like this, the inflation of the housing market will be ahead of the general inflation.

Source: Economy News