Announced that Housing Prices Will Increase At Least 60 Percent More

According to the information in the Housing Price Index of the Central Bank of the Republic of Turkey for November 2021, the prices of the houses, increased by 50.5%. When we look at the Construction Cost Index of TURKSTAT, it is stated that there was an annual increase of 48.87 percent in November 2021.

According to the real estate and construction sector representatives, the real figures are the ones announced. at least twice. Realtors say house prices have increased by more than 100 percent, and construction companies have said costs have increased by more than 200 percent. Let’s take a look at the statements made on this subject together.

“It has become impossible to buy a house from scratch”

In the statements made by Hüseyin Arslan, Civil Engineer, “Forget about buying a new one if you don’t have a home right now.. Investors who have already run away from TL in the housing market and those who want to renew their houses dominate, it is impossible for someone who has no house at these prices to take out a loan from scratch.” statements were given. The President of the Confederation of Civil Engineers Tahir Tellioğlu said, “The lower class and middle class can no longer buy houses. Prices have reached a point where only the upper class can afford it. With these costs, we can’t do it, they can’t get it. In addition, there are 6 million rotten buildings in Turkey, the problem is the citizen, as the cost increases make urban transformation impossible. It has become a safety issue.” says.

Another name that made statements about the housing prices in Turkey was Hacı Ali Taylan, the President of the Turkish Real Estate Agents Federation. Taylan,Prices just don’t fit. We passed the fall, It’s hard to even stay stable right now it’s constantly increasing. Likewise, rents are also increasing. These prices will continue to increase as long as these prices do not stabilize before those who cling to real estate for fear of inflation leave the market.He explained the last point the industry has reached by saying, “EVA Real Estate Appraisal General Manager Cansel Turgut Yazıcı said, “Turkey to the housing crisis going right. Acquiring a property will become more difficult with each passing day and the rent figures will increase accordingly. Worse, the concept of rental house will decrease and it will be difficult to find a house.“, saying that housing prices will increase in 2022. will increase by at least 60%. stated…