Turkey's housing price increase ranks first in the world. Why is the local housing price increase so large?

First, Turkey is a tourist city. If you look at the tourist cities in China, you will know why the house price is so high, because there are many scenic spots in the tourist city, all of which have certain magic power, and many people go sightseeing every year. Then some people can increase their income by traveling, and they will definitely have to eat and live there. If they have a house to rent, they can naturally make a sum of money. We all know that in areas with scenic spots, their business is relatively easy to do, and they can get a lot of benefits every year without worrying about repeat customers. It also has a great advantage as a tourist city, which is very suitable for providing for the aged. When you get up there, you can go outside and wander around major scenic spots, which is a kind of enjoyment at the peak of your life.

second, the interest rate adjustment of Turkish banks has led to the rise of house prices. The US dollar has released water, so the bank interest rate has also been adjusted. It is precisely because of these adjustments that the house price has been fundamentally promoted. Turkey's confrontation with the dollar is not a level at all. If they don't let go of the dollar, they will suffer huge losses. Since the outbreak of the epidemic, the United States has chosen the policy of harming other countries to maintain its own national economy, that is, loose cargo in a broad sense, shifting some risks to other countries, and other countries can only help the United States pay the bill.

Third, the devaluation of the currency has led many people to push money into the real estate market. If it can resist inflation, it must be a large investment, so the house becomes the best choice. After all, the house is a commodity, which is not so prone to inflation and fall in price. From a global perspective, in fact, many people will invest their money in real estate, and real estate has become a huge reservoir. It is precisely because of this that the price increase in Turkey is relatively large. Turkey's inflation control is not particularly good, which will lead to a 3% increase in their house prices, which is really surprising. For example, a house of 1 million suddenly rose to 1.3 million. Who can stand it? After all, a high increase definitely means high risk.

The fourth population growth has also pushed up the housing prices in this area. Population growth is not only an increase of local people in Turkey, but also an increase of immigrants. For example, there were wars in Syria and Armenia before, so naturally some rich people want to emigrate to relatively safe areas, and Turkey has become their choice. If they increase their population in the past, it will naturally push up housing prices.