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

The Iranian real estate market signals that a recovery is on the way, after an almost three-year-long recession — but there is still debate about the likelihood of a property boom.

Alireza Ramezani
Alireza Ramezani
Aug 1, 2016
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
Construction cranes work on a high-rise in the foothills of the Alborz mountains in north Tehran, April 15, 2010. — REUTERS/Caren Firouz

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