Bad news for the famous economist for those waiting for a discount : rents and housing prices are rising
Economist Torhan Bozkurt gave the bad news to those who were waiting for a reduction in housing and rental prices and were waiting for rent-related regulations. Will housing and rent prices fall or become cheaper?
2022/06/04
While President Erdogan was expected to comment on the new rental regulations, housing and rental prices were expected to fall. While housing prices are still on the country’s agenda after a record-breaking recent period, prominent economist Torhan Bozkurt made the remarks.
In a statement that raised expectations of lower house prices, Bezkourt reflected rising inflation in housing prices and rising housing prices in rents, calling efforts to lower housing prices futile. Bozkurt claimed that Emlak Konut and TOKİ were among the factors driving up housing prices, and that prices would rise further.
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When will the price of rented houses decrease, when will the price of housing decrease?
“What happened to the rents, which have risen by 5 to 15 percent over the past few years and have risen to the ceiling,” said Bozkurt, who is in a column waiting for the news of well-adjusted rents. 100% If the 5 ministries can find the answer to this question, the rents will start the landing trip. “Rents will not fall, nor will inflation, which is a record for bankrupt countries like Venezuela and Sri Lanka,” he said. “Unless Turkey’s political and economic conditions change, rents will rise above current levels.” Rental houses will be even more.
What is the latest situation in the price of rental houses?
Unfortunately, after the increase in housing prices, house rents also rose. While housing prices in Turkey were based on the threshold of one million lira, the average rent was 4,856 lira and above the minimum wage.
