Citing his experience from the Revolutionary Guards, Mohsen Rezaei outlined his plans for solving Iran’s housing crisis. Rezaei said that he will encourage banks to offer loans on a 10% deposit, and interest payments of up to 18% will be covered by the government as a subsidy, with the mortgage holder only required to pay the price of the house. Rezaei added that with this plan, he can build 2 million houses per year and attract foreign investment to drive the economy forward.
