IranIranian Citizens Struggle to Cover Expenses as Housing Crisis...

Iranian Citizens Struggle to Cover Expenses as Housing Crisis Deepens

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In recent months, the housing crisis has become one of the country’s most important economic and social concerns. Continuous price increases, declining purchasing power, and surging construction costs have pushed this crisis to a point where many families no longer have hope of becoming homeowners. What is seen today is a deep and structural crisis that is affecting people’s daily lives.

In recent years, the decline in the national currency’s value has played an important role in intensifying the housing crisis. With the currency’s depreciation, land and housing prices have surged dramatically. This has turned the issue of homeownership from an economic problem into a widespread social issue. Many young people who until a few years ago had some hope of buying a home now feel trapped in the face of this housing crisis.

Iran’s Housing Market Under the Rubble of War

In fact, the housing catastrophe in Iran has reached an acute stage in which runaway growth in purchase prices and rents has pushed a large part of society below the housing poverty line, to the point that phenomena such as living in small rooms, shared rentals, and forced migration to city outskirts have sharply increased.

The crisis of rising construction material prices

The increase in construction material prices has also put additional pressure on the market. Builders complain about rising costs, and this has directly affected the final price of housing units. As a result, the housing crisis has intensified not only on the demand side but also on the supply side. The higher construction costs rise, the greater the gap between people’s incomes and housing prices becomes, meaning a deepening of the crisis.

On the other hand, the role of speculation in the land and housing market cannot be ignored. A significant portion of housing units are held as investment assets. This trend has led to a reduction in real supply and an artificial increase in prices. In such conditions, the housing crisis has moved out of an economic cycle and turned into a speculative one.

Migration to city outskirts

In large cities, the situation is more severe. Rents have risen unprecedentedly, and many families have been forced to move to city outskirts. These relocations have themselves created new social consequences. The housing crisis in these areas is not only about high prices but also about lifestyle changes and widespread psychological pressure on families.

The important point is that the homelessness crisis is no longer limited to lower income deciles. Even the middle class has gradually been pushed out of the housing market. This situation shows that the crisis has become a widespread issue and has crossed class boundaries.

Housing crisis and social hope

From a social perspective, the consequences of this situation are very extensive. An increase in marriage age, a decline in birth rates, and growing psychological insecurity are among the direct results of this crisis. When access to housing becomes difficult, planning for the future is also disrupted. In fact, the housing catastrophe has directly affected social hope.

Alongside these conditions, the continuous increase in prices in other markets such as food and services has doubled the pressure. However, among all these pressures, the housing problem has a special place, as housing is considered the most basic human need. Lack of access to adequate housing means weakening the economic security of families.

In conclusion, what is seen today is not a simple housing crisis, but a deep and structural housing crisis rooted in a combination of economic, managerial, and speculative factors. If this housing crisis continues, it will widen the class gap and confront society with even greater challenges.Top of Form

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