Outlines of Bill to Streamline Rental Housing Market Approved

EghtesadOnline: The plan says owners of urban lands should be compelled to construct building on them and the owners of vacant residential units should be forced to offer these units for sale or rent.

News ID: ۷۵۲۵۹۴

14 June 2023

The approval of the outlines of a double-urgency bill called “controlling and streamlining the rent of residential units” in July 2022 with a slim majority of 50.9% indicates that officials, both in the government and the parliament, have finally realized the importance of housing and are trying to control the crisis.

Although the involvement of officials with the housing matter should be considered a step forward, the fundamental shortcomings and weaknesses of such initiatives cannot be ignored, Nasser Zakeri, an economist, prefaced an article for the Persian daily Shargh with this note. A translation of the text follows:

As its title suggests, the plan in question pursues the key goal of streamlining the housing market. The plan says owners of urban lands should be compelled to construct building on them and the owners of vacant residential units should be forced to offer these units for sale or rent.