Roberto Abraham Scaruffi: Iran's Housing Crisis

Tuesday 25 November 2008

Iran's Housing Crisis

Iran's Housing Crisis

November 18 -- In a special report on Iran's housing crisis, one Radio Farda listener asks, "How can one buy a house in Iran with skyrocketing prices and meager incomes?" Ahmad Alavi, a professor of economics, adds that the situation will likely get worse: "Plummeting oil revenues are likely to drive up housing prices," he says. [Read more in Persian]