Ilana wrote: In the second half of this year, the rental rate not only did not stop, but increased in proportion to the increase in the dollar rate and the increase in property prices.
The housing market depends on the country's macroeconomic conditions and moves in the same direction as the price fluctuations in the currency market. For this reason, while usually in the second 6 months of the year, the prices in the rental market, if there is no decrease, at least go without increasing the price, but in the second 6 months of this year, we saw the continued growth of the prices.
The increase of more than 40% in the dollar rate in only two months out of the five months of the second half of the year caused the growth of housing prices, so according to a member of the Tehran Real Estate Consultants Association, housing prices increase daily in line with the dollar rate, and one of the important factors in the rate Rent is the price of the property. Therefore, as the value of the property increases, the rent of that property also increases. On the other hand, with the growth of the inflation rate, lessors and owners resort to the rental rate to increase their income so that they can cover the costs caused by the increase in the inflation rate.
In the meantime, there are still effective levers in increasing the rental rate, such as the lack of supply compared to the amount and volume of demand, and the statistics of issuing construction permits show that housing production is far from the amount of demand, and this gap is even greater in metropolitan cities.
However, this issue and rule does not apply in areas where supply is greater than demand, such as Tehran's district one, and statistics show that most of the empty houses in Tehran belong to Tehran's district one, but this factor has not been able to curb the growth of rental prices, and the growth of rental prices in Zone 1 of Tehran spreads to other areas of the capital and has become the cause of price increase.
The following table shows the rental rates of houses in District 1 of Tehran:
|210 meters - full facilities - 4 rooms||Angel||1 billion mortgage + 80 million rent|
|350 meters - full facilities - 4 rooms||order||1 billion mortgage + 110 million rent|
|90 meters - full facilities - 2 rooms||Volanjek||4 billion mortgage + 31 million rent|
|140 meters - full facilities - 3 rooms||Divine||1 billion mortgage + 45 million rent|
|200 meters - full facilities - 3 rooms||Niavaran||1 billion mortgage + 55 million rent|
|220 meters - full facilities - 4 rooms||Kamraniya||4.5 billion mortgage + 50 million rent|
|190 meters - full facilities - 3 rooms||Qaitariya||1 billion mortgage + 32 million rent|
|620 meters - independent - 2 floors -||holy||1.5 billion mortgage + 200 million rent|