![\"Housing-crisis-in-Iran\"](\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2022\/03\/Housing-crisis-in-Iran.jpg\" "\\"Housing-crisis-in-Iran\\"")
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The Iranian regime\u2019s supreme leader, Ali Khamenei, named the Persian New Year of 1402 \u201cthe Year of Controlling Inflation and Growth of Production.\u201d\u00a0 One month into the new year, while Iran\u2019s already-low production rate has fallen back, inflation is soaring dramatically. The rising cost of housing and rent is a testament to this fact.\u00a0<\/span>\u00a0<\/span><\/p>\n The point-to-point inflation of food items and house rents has increased to 60% in a month.\u00a0<\/span>\u00a0<\/span><\/p>\n \u201cThe alarming surge in housing and food prices undeniably demonstrates the abject failure of the government to curb inflation. Only one month into the new year, the authorities have utterly faltered in reining in the exorbitant prices of essential commodities such as eggs, poultry, and oil,\u201d the state-run Jamaran website wrote<\/a> on April 18. <\/span>\u00a0<\/span><\/p>\n Since becoming the regime\u2019s president in 2021, Ebrahim Raisi has made many hollow promises and bogus claims. Among them were \u201ccreating a million house units a year\u201d and \u201ceradicating poverty in two weeks.\u201d A year and a half later, more Iranians are pushed under the poverty line, and many cannot afford to pay their rent due to the rising inflation, let alone buy a house.\u00a0<\/span>\u00a0<\/span><\/p>\n The exorbitant surge in housing prices has ruthlessly crushed the hopes and aspirations of destitute Iranian laborers who are struggling to make ends meet. In the past five years, workers’ wages have plummeted to less than a third, owing to spiraling inflation, whereas housing prices have skyrocketed tenfold during the same period.\u00a0<\/span>\u00a0<\/span><\/p>\n \u201cMinistry of Roads and Urban Development’s figures reveal that housing expenses are consuming a staggering 70% of household earnings. With nearly 40 million working families, even if they were to save every penny they earn, it would take them an impossible 42.5 years to afford a 75-meter housing unit. Shockingly, more than half of Tehran’s population and 42% of other cities’ residents are forced to resort to renting due to the skyrocketing property prices,\u201d the state-run <\/span>Setar-e Sobh newspaper<\/span><\/a> wrote on April 9.\u00a0<\/span><\/p>\n Despite promises to fight inflation, drop the prices, and build four million homes, according to the Central Bank of #Iran<\/a>, #housing<\/a> prices in Iran have soared sharply since #EbrahimRaisi<\/a> took over the government.https:\/\/t.co\/mZii0UoZCh<\/a><\/p>\n — NCRI-FAC (@iran_policy) April 26, 2022<\/a><\/p><\/blockquote>\n\n