Economist Pouya Jabal Ameli believes that the real-estate market wont stand upon a better footing in the coming years than it did over the past half-century.
The countrys real estate used to bring higher returns compared with other investment markets over the past decades, he says.
The total return index of real-estate market has been greater than that of other markets such as gold coin in the long run. But theres this feeling that the decades-long economic expansion of this market is in for a correction, he was quoted as saying by Hibna.
Jabal Ameli points out to two factors that will impact housing demand in the long run.
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