Rent prices in Yerevan compared to some other cities

https://www.reddit.com/gallery/1fe3gb6

Posted by Ok_Connection7680

5 Comments

  1. it’s really insane how bad prices are in yerevan compared to similarly sized cities with better infrastructure and way more amenities. greedy ass landlords and corporations, unregulated bullshit housing, and indifferent politicians… perfect storm for this nonsense

  2. Typical_Effect_9054 on

    This makes it challenging for people who want to repatriate. High rents can be considered a national security issue if you think about it.

  3. what was needed are laws and regulations. I remember back in 2022 when Armenian families were literally getting kicked out on the streets so that the landlord can make better buck off of the Russians who were paying double/triple. Many of my friends just moved out of the country.

  4. Chemical-Worker-4277 on

    This gives an not complete picture.

    Almost all of the population in Armenia wants to live in Yerevan and 33% of Armenia already lives there.
    This drives prices up and that is logical, comparing cities in the EU is not realistic. In the EU there is better infrastructure in the rural areas and better facilities in smaller cities, so people want to live there.

    Also almost all the infrastructure and facilities in Armenia are in Yerevan so that is a great attraction for the workforce.
    Some off the industry has to move to other cities in Armenia so that people wants to live there, and are able to work.

    Looking on the listings on list.am, there are lots of people that want to exchange property in rural areas that want to exchange them against apparments in Yerevan. This also does not help.

  5. This is free market, people. No matter how you and I may hate the situation, rents reflect demand. Places where people want to live in for whatever reason become more expensive. You can’t blame the windmills for the wind.

    The government does need to intervene and regulate rents, they do need to improve infrastructure, incentivize construction, etc etc. They are not very competent in many crucial areas unfortunately, but this spike in prices I believe is temporary and I also believe we will all learn as we go, it is not an easy problem to tackle.