Housing investment in Iran loses luster

Financial Tribune – The total return index of real-estate market has been greater than that of other markets such as gold coin in the long run, but there’s a feeling that the decades-long economic expansion of this market is in for a correction

Economist Pouya Jabal Ameli believes that the real-estate market won’t stand upon a better footing in the coming years than it did over the past half-century.

The country’s real estate used to bring higher returns compared with other investment markets over the past decades, he says.

“The total return index of real-estate market has been greater than that of other markets such as gold coin in the long run. But there’s this feeling that the decades-long economic expansion of this market is in for a correction,” he was quoted as saying by Hibna.

Jabal Ameli points out to two factors that will impact housing demand in the long run.