Mojtaba Yousofi, a member of the Parliament's Civil Commission, told Rouydad 24: "People's livelihoods are under pressure and inflation is high. Rent costs in some large cities account for 65 to 70 percent, and in smaller cities about 50 percent of household budgets." He continued: "These figures do not align with the incomes of retirees and workers, making life difficult for tenants."
Member of the Parliament's Civil Commission: Up to 70% of People's Income is Spent on Rent
Mojtaba Yousofi, a member of the Iranian Parliament, highlighted the severe impact of high rent on people's livelihoods, with rent consuming a significant portion of household income. This situation exacerbates the difficulties faced by tenants, particularly retirees and workers.
👥 Key Players
📰 What Happened
Mojtaba Yousofi reported that high rent costs are consuming a large portion of household incomes in Iran, particularly affecting retirees and workers. This situation highlights the economic pressures faced by many citizens.
- Rent accounts for 65-70% of household budgets in large cities and about 50% in smaller cities.
- The high rent costs are not aligned with the incomes of many citizens, exacerbating their financial struggles.
💡 Why It Matters
📚 Background
Iran has been experiencing high inflation and economic challenges, which have led to increased living costs, particularly in housing. This has created a significant burden on the population.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%