content tagged with rent increase

Some neighborhoods in Turkey see a 200-percent rent increase, show reports

Some neighborhoods in Turkey see a 200-percent rent increase, show reports

While the Turkish Statistical Institute (TurkStat) has announced the rent increase rate as 19.60 percent, house owners do not recognize this rate as rents have seen a 200-percent increase in some neighborhoods, causing fears for a housing crisis in cities.

27 January 2022