Gayrettepe New Building Residential Rental Depreciation Current Levels 

Housing demand and prices, which skyrocketed after the pandemic period, maintained their momentum until the end of August 2022.

Gayrettepe New Building Residential Rental Depreciation Current Levels 

Housing demand and prices, which skyrocketed after the pandemic period, maintained their momentum until the end of August 2022.
Housing demand, which stagnated between September 2022 and May 2023, hit the brakes after the general election.
People's anxiety about the future, difficulties in accessing financing, withdrawal of foreigners, high rates on deposit interest, and tenant problems have reduced the demand for housing purchases to the bottom.
This development led people to rent housing.
Until the last 1.5 years, when you multiplied the housing rent level in Gayrettepe by approximately 300, you could find the sales price of the relevant house.
In the last 1.5 years, this rental depreciation multiplier dropped to 250.
People are more strongly inclined towards renting housing than buying.
I predict that uncertainty will prevail in the coming period and as uncertainty increases, the demand for house purchases will be low.

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