content tagged with rent prices

Volga Kuşçuoğlu

Turkey's housing crisis: Citizens faced with landlord violence and unmet basic needs amid government inaction

Turkey's housing crisis: Citizens faced with landlord violence and unmet basic needs amid government inaction

To address the soaring rent prices, the parliament introduced a rent increase cap of 25% in June 2022. The law aimed to protect tenants but inadvertently created disparities between long-standing tenants and new renters.

11 December 2023 Volga Kuşçuoğlu

Turkey to tax Airbnb rentals, possibly ending subletting for tenants

Turkey to tax Airbnb rentals, possibly ending subletting for tenants

Airbnb has not only become a popular platform for tourists, but it has also provided a means for tenants in larger cities to supplement their income by subletting their rooms or entire homes.

Turkey maintains rent increase cap, housing sales decline amid exorbitant prices

Turkey maintains rent increase cap, housing sales decline amid exorbitant prices

Despite the cap, the rents doubled in the country on average. Eviction cases also soared, with property owners seeking new tenants to avoid the cap.

Turkey considering prison sentence to tackle excessive rent increases, says minister

Turkey considering prison sentence to tackle excessive rent increases, says minister

President Erdoğan had promised to solve the problem after the May elections.

Subletting surges in İstanbul amid housing crisis

Subletting surges in İstanbul amid housing crisis

Renting their rooms or entire apartments for short periods of time is profitable but psychologically demanding, tenants say.

17 November 2022 Tuğçe Yılmaz

Turkey considering rent price cap to curb soaring prices

Turkey considering rent price cap to curb soaring prices

Price controls and punishment of those who don’t comply with regulations were also on the table at the meeting of four ministries.

Average rent price in İstanbul exceeds minimum wage

Average rent price in İstanbul exceeds minimum wage

Flat sharing is becoming more popular among the working population as living costs in the city continue to increase.

Students face 'housing crisis' as universities about to open

Students face 'housing crisis' as universities about to open

After nearly two years of online education, universities will resume in-person classes. Having to move to the cities where their schools are, students face exorbitant housing prices.

16 September 2021 Sakine Orman

HDP demands parliamentary inquiry into excessive increase in housing prices

HDP demands parliamentary inquiry into excessive increase in housing prices

Turkey is the country with the highest increase in housing prices in Europe, according to Eurostat data, the MPs have noted.

14 September 2021

Report: Only two percent of rental flats in İstanbul 'affordable and livable'

Report: Only two percent of rental flats in İstanbul 'affordable and livable'

The Center for Spatial Justice has examined the rental homes in the metropolis of 15.4 million.

Lower-Income Families Affected by Inflation

Prices of basic goods rose by 13 percent in the last year, while rents rose by 16 percent. Lower-income and middle-class families have been most affected.

5 March 2008 Mustafa Sönmez