Despite the Iranian government's promises to build millions of houses, a housing economist has reported a significant decline in housing construction under President Ebrahim Raisi compared to previous administrations. According to today's issue of the 'Ham-Mihan' newspaper, Habibollah Setarian, a university professor, stated: 'For over two decades, one million housing units should be built annually, but only 300,000 units are produced.' This housing economist added that the annual construction of '300,000 housing units' has decreased in the last two years to '200,000 housing units.' Given that a report published on November 29 by 'Iran Open Data' indicates that the price of 'one serving of chelow kebab' is twice the 'daily food cost' of a worker, the dream of homeownership has become unattainable for many income brackets in Iran. According to Setarian, Iran is currently facing a 'severe housing shortage' and is attempting to meet the 'housing needs' under current economic conditions, which is impossible due to the extensive budget required for such construction. Based on a mid-November report from the 'Donya-e-Eqtesad' newspaper, in the two years since the launch of the 'one million housing units per year' plan, which Raisi promised during his presidential campaign in June 2021, the effective supply has reached '600,000 units' while the effective demand is '650,000 individuals.' Furthermore, alongside the housing construction crisis, Iranian media reported on November 18 that this year's rental contracts have seen a '55 percent' increase compared to last year, which is more than double the 'historical average of this rate.' The gap between food and housing and basic needs; quality of life is in free fall; marriage in the style of the Islamic Republic; starting a shared life with 26 million tomans in installments; one newspaper; tenants face inflation and taxes, suffering from 'misguided policies'; the Ministry of Roads: the price of each meter of 'national housing' may reach 12 million tomans; report from Iran Open Data: the price of one serving of chelow kebab is twice the daily food cost of a worker; workers are on the verge of being excluded from the 'national housing plan.'
Failure of Million-Housing Promises; Housing Economist: Raisi's Government Built Fewer Houses Than Before
A housing economist has revealed that the Iranian government under President Raisi has constructed significantly fewer homes than promised, with annual production dropping from 300,000 to 200,000 units. This decline, coupled with rising rental costs and a severe housing shortage, has made homeownership an unattainable dream for many Iranians. The situation highlights the government's failure to address the housing crisis amidst economic challenges.
👥 Key Players
📰 What Happened
The Iranian government has failed to meet its promise of building one million housing units annually, with construction dropping from 300,000 to 200,000 units. This has exacerbated a severe housing shortage and made homeownership unattainable for many Iranians.
- Only 200,000 housing units were built last year, down from 300,000.
- Rental prices have increased by 55% compared to the previous year.
💡 Why It Matters
📚 Background
Iran has long struggled with housing shortages and economic challenges, which have been exacerbated by sanctions and mismanagement. The promise of affordable housing has been a key political issue.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%