Iran: Tehran residents protest housing crisis

NCRI – A group of Tehran residents staged a protest in central Tehran on Monday against the housing crisis in the country’s capital, according to the information received from Iran.  The received photo shows a group of residents is Tehran’s Vali-e-Asr street protesting the high prices of housing in Tehran.

Even before the Iranian currency reaching its all time low of almost 40,000 Rials to one dollar on 2 February 2013, it was almost impossible for young people in Tehran to afford the purchase of a home without financial assistance from their others. It is not the lower class that has such difficulty even middle-class is greatly affected by skyrocketing housing prices in Iran.