Qorveh Governor: Price Gouging in the Housing Market Is Subject to Legal Prosecution

Qorveh – The Qorveh governor warned against price manipulation in the housing market, saying: Arbitrary pricing and the promotion of unrealistic prices through cyberspace constitute a violation, and violators will be dealt with legally.

Qorveh - The governor of Qorveh warned against price-fixing in the housing market and said: Arbitrary pricing and promotion of unrealistic prices through virtual space is considered a violation and violators will be dealt with legally.

According to Mehr reporter, Morteza Javanmardi announced this news to the Kurdistan media on Tuesday morning, referring to the publication of some news and rumors about housing prices in this city, stating that the price determination of residential units is subject to the conditions of supply and demand and macroeconomic indicators and should not be influenced by unrealistic pricing and space constructions.

Emphasizing that no association, trade group or group has the authority to arbitrarily determine the price of housing in the city, he added: Any action in this field without having the legal status and necessary permits has no official authority.

The governor of Qorve considered it a violation to use administrative titles and specialized places to promote unrealistic rates and stated: People who use these methods to influence the housing market will be dealt with through legal and regulatory authorities.

Referring to the role of virtual space in shaping the price expectations of the housing market, Jawanmardi stated: Citizens should be alert to advertisements and prices announced in this space and not be deceived by advertisements that are published with the aim of creating inflammation in the market.

He also warned against misleading advertisements and pricing in the field of housing and said: activities related to engineering and construction should also be carried out within the framework of legal regulations and any violation in this field will be followed up by regulatory agencies.

At the end, the governor of Qorveh emphasized: protecting the rights of citizens and preventing inflammation in the housing market requires people's cooperation and reporting suspicious cases to the responsible authorities.