Why has rent become the "hottest" element of the household basket?

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-Sunday 2024/11/24 - 12:25
News Code:8734
چرا اجاره‌بها «داغ‌ترین» عنصر سبد خانوار شده است؟

Rents jumped by 42 percent in the past year, not only in Tehran but in the whole country

The Donya-e-Eqtesad newspaper wrote:
In the past year, rents jumped by 42 percent, not only in Tehran but in the whole country, while the price index of consumer goods and services of households increased by only 33 percent during this period.
Comparing these two numbers means that housing rent inflation is currently 1.2 times the general inflation. However, at the beginning of the 1990s, rent inflation was half of general inflation.
Thus, the relative rate of growth of renters' costs in the country has reached its highest value since 2011.

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