Brokers in Tehran are caught between a rock and a hard place in what’s become a “very speculative” market. As Iran’s currency wavers with news of its domestic and foreign political dealings, people worried about the devaluation of the rial are searching for properties to invest in, but the phenomenon of “flight from contract signing” — as local business newspaper Donya-e-Eghtesad put it — keeps thwarting their efforts, Bloomberg reports. Sellers will move forward with […]
source https://therealdeal.com/2018/03/17/what-selling-real-estate-is-like-in-tehran/
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