When will real estate prices come down? Relevance of sales prices for apartments and houses, have apartment prices fallen?

Riding the hill is a favorite activity for many people in California. The beautiful scenery and varied slopes make it an ideal place for winter fun. However, due to some climatic changes, housing prices in the area have started to decline.

After restrictions on loans for secondary housing were imposed in September, the total housing loan fell to 446.6 billion Turkish liras. Minister of Environment, Regional Development and Climate Change Mehmet Ozhaseki made important statements regarding housing prices. At a meeting with young people at the Urban Policymakers in Turkey Forum on August 30, he answered a question about emerging disputes between landlords and tenants. Ojaseki said: "About 800,000 independent units will be built in the earthquake zone. In Istanbul, we will build 500-600 thousand residential apartments in a few years. Social housing is also covered by the figures, including lots produced. When we introduce all of this over the next year, you'll see prices start to come down smoothly.

Ojaseki also commented on the redevelopment program on the site of blighted housing. He said: "There are a lot of damaged houses in the affected area after the earthquake. More than 850,000 independent units require remodeling. The total cost of the damage is more than $100 billion dollars. The spiritual damage is immeasurable. About 200 thousand apartments are currently under construction. 50,000 of them will be handed over by the end of the year. In addition, our "Reconstruction in Place" program is supported by 237 thousand people who have applied for a grant of 750 thousand liras and a loan of the same amount, with deferred payments for 2 years and a repayment period of 10 years. "