Mass production; The main mission of the housing exchange
Member of the Supreme Council of the Exchange: Some people reduce the real estate exchange and this mechanism to real estate agencies, but this exchange has a multifaceted and multifaceted function, the main mission of which is to help mass production of housing at reasonable prices. Large-scale sales may also take place in this market because it can be the best place to trade when we have an independent real estate market.
According to the Iran International Stone Exhibition, Hossein Salahvarzi, Vice President of the Iranian Chamber of Commerce and Industry, said about the details of launching the Iran Real Estate Exchange: "Yesterday, the Real Estate Exchange was approved by the Supreme Exchange Council and started as the fifth stock exchange in our country." It works.
Emphasizing that this stock exchange will be launched with a capital of five thousand billion Tomans, he continued: Thirty-five percent of its shares belong to private sector companies in the fields related to construction and related businesses, and another thirty-five percent to public institutions. Non-governmental and governmental in this field and thirty percent will be made available to the public in the form of underwriting.
The Vice President of the Iranian Chamber of Commerce and Industry, stating that the real estate, real estate and concessions exchange pursues a set of goals, programs and policies, added: "This exchange can be a driver in the field of housing for mass production of housing and supply enhancement and thus financing housing projects Can be followed.
Salahvarzi stated: "Iran's real estate, real estate and concessions stock exchange is also an organized market for the people, through which they can invest in mass housing projects with transparency and confidence. Also, this channel can be used to finance and complete semi-finished projects."
The member of the Supreme Council of the Stock Exchange emphasized: Some people reduce the real estate exchange and this mechanism to real estate agencies, but this exchange has a multifaceted and multifaceted function, the main mission of which is to help mass production of housing at reasonable prices. Of course, large-scale sales may also take place in this market, because when we have an independent real estate market, it can be the best place to trade.
He continued: "One of the most important functions of this exchange is the activity of land and housing funds, through which people's micro-capitals can be directed towards mass production of housing."
Referring to the sale of surplus government property through the real estate exchange, Salahvarzi said: "Currently, the usual method for selling surplus government property is auctions, but we all know that the exchange has a clearer and more secure platform for these transactions and there is a possibility of corruption in it." Less, on the other hand, people can contribute to government assets with micro-capital.
Emphasizing that the important point in launching a real estate exchange is that people can participate in mass construction projects with micro-capitals, he said: "All the details of the mechanism of the fifth stock exchange are not known yet, and with the formation of the founding board, the details It will be determined, but certainly this exchange will increase supply.
The Vice President of the Iranian Chamber said: "We should note that housing in our country has become an economic and social problem, the main reason is the lack of supply, while if this mechanism helps to generate government property can have a positive impact on the market."
He also criticized the multiplicity of stock exchanges in our country: "It is said that we do not have real estate exchanges in the world, but there are similar examples. However, each country has unique characteristics. For example, less countries face housing and construction problems. Creating an organized and self-regulated specialized market that can organize the housing market, the housing stock can be an opportunity.
* ILNA
