Hakan Akçam: "Rentes broke off inflation, flew on a dollar basis"

Housing rents in Turkey have moved far beyond inflation and became competing with exchange rate.

Jul 11, 2025 - 20:58
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Hakan Akçam: "Rentes broke off inflation, flew on a dollar basis"

According to Akçam, the housing is no longer a housing tool, but a foreign currency -indexed investment instrument.
“Today, the landlords are looking at the exchange rate, not the CPI while determining the rent. Because the housing has become a safe port against the depreciation of the investor, Ak said Akçam said that the rent of three -room apartments in big cities such as Istanbul exceeded $ 600 in 2020.
Akçam emphasized that this increase cannot be explained only for economic reasons.
“What we call market psychology is shaped by expectations. If a house in a region is rented for 20 thousand TL, the host on the side street starts to ask for 18 thousand TL. This chained pricing spiral has come to a point that cannot be explained by supply-demand balance.”
Despite the increase in the number of empty houses, the rental prices do not decrease, "prices are no longer the need, but the opportunity to be determined by the opportunity," said Akçam, this rupture threatens the sociological structure of the cities: "Tenants are pushed out of the system, middle -income citizens are removed from the city centers.
"Host State, Tenant Citizen" Model Obligation
Stating that short -term dressings are insufficient against the uncontrolled increase in rents, Akçam drew attention to the necessity of structural and versatile policies.
Social Housing Mobilization: “Our state increases social housing projects day by day. At the same time it is necessary to accelerate its production.
Empty Housing Tax: “Gradual tax should be brought to the houses left for investment purposes. This eliminates the narrowing of artificial supply in the market.”
Objective rental control: “Rental increases cannot be solved only by indexing the CPI. Regional Rayiçler, the age of the house, the age of the house should be established based on criteria such as criteria.”
Regulation on short -term leases: “Platforms such as Airbnb have turned houses into a tourist hotel. Municipalities should supervise this area and limit unlicensed short -term rental.”
Akçam, the government has recently found some steps taken, he said.
“Although these steps may seem like temporary solutions, more permanent results can be obtained by the production of social housing in the medium and long term, taxation of empty houses and inspection of short -term leases.”
Finally, Akçam emphasized that all stakeholders should act together in the resolution of the housing problem.

Kaynak: CUMHA - CUMHUR HABER AJANSI

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