Azernews.Az

Thursday November 14 2024

Iran losing $250B due to empty houses

1 April 2017 17:00 (UTC+04:00)
Iran losing $250B due to empty houses

By Trend

According to a 2017 census, there are 2,587,607 empty houses in Iran, ISNA news agency reported March 31.

Considering the average value of a house to be around $100,000, the country, assumingly, is losing some $250 billion due to unused houses.

In Tehran Province alone, there are 490,000 empty houses, comprising 18.9 percent of the whole country's empty houses. Isfahan and Khorasan Razavi follow with 9.3 and 7.5 percent respectively.

Also according to the census, over the past five years the number of empty houses in Iran increased by 924,195 units.

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more