Emlac market at the mercy of multinational corporations.

RENT and housing prices are proving difficult to access housing, which is a basic right. The government, although it has set a cap on rent increases of 25%, cannot eliminate the rising cost of renting housing. It is also considering penalizing those who demand excessive rents.

Experts speaking to Aydınlık said that the real estate market in Turkey is occupied by multinational companies. According to experts, these companies, directly or indirectly, contribute to the rise in rents and housing costs. The companies operate freely by exploiting legal loopholes. Realtors are demanding a law that will solve this problem. President of the Union of Real Estate Consultants in Istanbul,''Adnan Yeşaltaş, spoke about the workings of real estate chains and their impact on prices: "The Turkish real estate market is under the occupation of multinational forces. Therefore, big companies are hiring qualified employees to control the real estate market. Only local real estate agencies are left, which are lost like small stores next to supermarkets. Firms from many countries can come together in Turkey as non-profit organizations under one roof. "Since there is no law or statute in this area yet, they benefit greatly from the lawlessness. Top managers of these multinational companies can easily determine the value of a land or a house by coming from abroad. Can the local agent say nothing on''is it when American or British companies say that? These multinational companies also find foreign buyers for houses or land abroad. After the buyer is dropped off at the airport, a company representative meets him or her in a luxury car and begins to handle the real estate purchase. "Once a home is sold to a foreigner for $400,000 in an area, it becomes a benchmark for surrounding buildings and home prices are driven up again by these real estateagency chains. They quickly spread throughout the market, affecting every neighborhood in Turkey like a wave. Because of these companies, living in the neighborhoods of Kadıkepe, Beyoğlu and Şişli has become impossible for low or middle income citizens. "

"AS THE YOUNG. 'as a form of cartelization. So it should be taxed from the point of view of that company. "

Ali Duman said multinational real estate companies have a negative impact on the market because of free competition and non-interference. Duman said: "It is a free market and real estate firms acting as a monopoly have a negative impact on the market. We need to consider how to counter this. "

"NOT TO BE A REAL ESTATE INVESTMENT INSTRUMENT "

Ali Duman said that the government's steps to solve the housing problem are ineffective and listed out suggestions to solve the problem. He said a tax should be imposed on owning five or more residential units and the use of real estate as''an investment tool.

Limiting the taxation of housing ""

Of course, the main problem is inflation. The cessation of construction during the pandemic has resulted in a lack of supply to meet demand. The short-term solution is to tax based on the number of dwellings. If you have one home and are a senior citizen, you may be given a tax break explaining that your income helps support your family. Those with four dwellings will be told, "I charge an annual rent." Two years' tax is taken for five dwellings. Calculate your rent''real estate as an investment tool. You have to say, 'I have too many floors, I have to sell it as soon as possible, it's causing me more losses.' This move will respond to demand as soon as possible. "

The media reports that the government is preparing sanctions to penalize property owners who raise rents. Ali Duman reacted to this by saying: "I'm running a business, bro. Is this a theft? This is the value of my house. This is only done for the purpose of intimidating people. What is considered excessive and what is not? Who decides? "

287,000 was sold.

In May, 287,059 real estate transactions were made and real estate tax revenue of 5 billion 221 million 100 thousand 611 liras was generated, according to official''according to the Department of Land and Cadastral Affairs. Of these transactions, 119,082 were residential property sales, 49,114 were land sales, 86,657 were field sales, 11,464 were commercial property sales and the remaining transactions relate to the sale of other real estate. The number of transactions completed in May increased by 34% compared to April to 214,947 transactions. Of these, the highest number of transactions was in Istanbul with 32,372. Istanbul is followed by Ankara with 19,552 deals, Izmir with 13,653 deals, Bursa with 11,498 deals, Konya with 10,440 deals, Antalya with 9,955 deals, Tekirdag with 7,969 deals, Kocaeli with 7,802 deals, Gaziantep with 7,721 deals, and Balıkesir with 7,278 deals.

"BARINMA PROBLEM Threatens FAMILY UNION "

The housing problem is causing'''quarrels within families. Families are being destroyed. Adnan Yeshaltash said: "When a garçon or servant keeps two children, he struggles to provide bread for his family and they cannot afford to pay the rent. If he cannot pay the rent, the owner evicts him. If the father cannot solve the family's housing issue, it becomes impossible for him to make plans with his children and wife and maintain family unity. Then divorces, quarrels leading to the murder of the landlord, unbelievable events and the destruction of families become inevitable.