Turkey’s housing market in crisis: Tenants and property owners clash over skyrocketing prices
Turkey’s housing market has reached a crisis point, with the two largest cities, Istanbul and Ankara, witnessing the world’s fastest house price growth over the past year. Rents have surged six-fold in the last four years, creating an untenable situation for many. The soaring costs have led to violent confrontations between landlords and tenants, resulting…