content tagged with rent price cap

Volga Kuşçuoğlu

Turkey's housing crisis: Citizens faced with landlord violence amid government inaction

Turkey's housing crisis: Citizens faced with landlord violence 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 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.