How Tehran plans to crack down on property speculators - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

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EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to report, film or take pictures in Tehran.

Construction cranes work on a high rise buildings in the foothills of the Alborz mountains in north Tehran April 15, 2010. President Mahmoud Ahmadinejad has asked 5 million Tehranis to evacuate the capital since they know their sprawling metropolis is due for a massive earthquake. When the last major earthquake hit, in 1831, Tehran was tiny compared to the metropo

Why Iran’s property market is unlikely to boom anytime soon

Alireza Ramezani

Alireza Ramezani

An employee works at a residential building, currently under construction, in northern Tehran May 17, 2008. Negar Ehteshami just paid the equivalent of $6 million in rials in cash for a luxurious apartment. But it is not in New York or London. It is in the capital of the Islamic Republic of Iran. Hers is a tale with echoes in much of the West: a house price surge fuelled partly by easy lending. Picture taken May 17, 2008. To match feature IRAN-HOUSING/ REUTERS/Morteza Nikoubazl (IRAN) - RTX68C7

Iran's housing crisis aggravated by reluctant sellers

Ali Dadpay

A general view of the Central Bank of Iran building in Tehran January 23, 2006. Iran's central bank has not implemented any measures in preparation for U.N. action over its atomic programme because it does not believe sanctions will be imposed, the bank said on Monday. REUTERS/Morteza Nikoubazl - RTR18RHP

Why do Iranian banks remain stuck with toxic assets?

Alireza Ramezani

Alireza Ramezani

A view shows buildings under construction in Tehran, Iran January 20, 2016. To match IRAN-NUCLEAR/INVESTMENT REUTERS/Raheb Homavandi/TIMA ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - GF20000100959

Surging prices may push Iran's housing sector back into recession

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Maziar Motamedi