content tagged with rent

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

Statistics refute minister’s remarks: Rent in city centers 10 times higher than minimum wage

Statistics refute minister’s remarks: Rent in city centers 10 times higher than minimum wage

According to a study carried out by a research center affiliated with Bahçeşehir University, the annual increase in rent is 78.8 percent in İstanbul, 62 percent in the capital city of Ankara and 50 percent in İzmir.

20 December 2021