Government of the Islamic Republic of Iran world. The Islamic Republic of Iran created shortly after the Islamic Revolution. The first major demonstrations with the intent to overthrow the Shah Mohammad Reza Pahlavi began in January 1978, with a new, Islam-based, theocratic Constitution being approved in December 1979, ending the monarchy. The Shah fled Iran in January 1979 after large strikes and demonstrations against him and his regime paralyzed the country. Ayatollah Khomeini would return in February of the same year after a long period of exile, greeted in the capital of Tehran by several million Iranians. The final collapse of the Pahlavi dynasty occurred shortly after
Construction industry of Iran housing expenses, and the housing sector contributes around 12 percent of employment to the economy. In terms of investment, the domestic rival markets of real estate market are gold, car and the Iranian bourse. Construction is one of the most important sectors in Iran accounting for 20–50% of the total private investment. One of the prime investment targets of well off Iranians as tangible. In Iran, only government employees pay their fair share of income taxes and no one pays a capital gains tax, which has allowed the rich to "squirrel away" their speculative real estate gains abroad. Prices for