strongest shocks since the failed
Property in Turkey: a profitable asset or a risky investment
The real estate market is one of the most important growth drivers of the Turkish economy. In recent years, the rapid development of the sector was supported by the state program for the demolition of dilapidated and unsafe housing, the activity of the middle class against the background of lower mortgage rates, as well as inflows of foreign investment. Over the past ten years, the real estate market and the construction market have provided about 8.4% of Turkey’s GDP. Continue reading
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political situation
