Socializing in the Rental Market: Owning a Home is Now a Dream

The 'Socialization' Period in Renting

For a large segment of society, owning a home with 'colorful honeysuckle blooming in the garden', 'green shutters', or 'a living room with chickpea room and pea sofa' has almost become a dream. The difficulties of being a tenant indicate that the housing crisis is deepening. Rising rental prices and limited housing supply make it challenging for many families to find a secure home.

Rent Increases and the Housing Market

According to recent data, rents in major cities have increased by 30% over the last 12 months. This situation significantly affects the ability of low-income families and young people to find housing. Additionally, the social impacts in areas with limited access to housing are also noteworthy. Tenants feel insecure, while the demands and expectations of landlords are rising.

Follow Developments with Bloomberg Businessweek Turkey

One of the world's most respected economy magazines, Bloomberg Businessweek, is now available in Turkey as well! The Bloomberg HT team prepares content that provides important analyses and insights in the fields of economy, finance, and business, connecting with readers. To follow developments and changes in the markets, click here.