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Redefining the Housing Challenges in Turkey: An Urban Planning Perspective

  • Ö. Burcu Özdemir Sarı
Chapter
Part of the The Urban Book Series book series (UBS)

Abstract

The Global Financial Crisis of 2007–2008 resulted in falling house prices, declining construction activity, and deteriorating affordability in the countries affected by the crisis. The Turkish housing markets reacted differently from their European counterparts due to Turkey’s recently developed mortgage finance system, unvaried mortgage finance products, less reliance on mortgage finance in housing transactions, and governmental support for construction. Particularly over the last 15 years, the country has achieved high levels of housing output. Despite this performance in housing production, the housing problem in Turkish cities has long been considered as a quantitative deficiency by subsequent governments. This study argues that increasing the quantity of the housing stock is no longer the major housing challenge in Turkey. Instead, the problem involves supply management under the current conditions of the housing markets. From the urban and regional planning point of view, there is a need to redefine the housing problem(s) of the country concerning housing production levels across the country, housing affordability among different household groups and in different regions, tenure composition, and safety and quality of life in housing and living environments.

Keywords

Excess production Housing shortage Housing affordability Rented sector 

Notes

Acknowledgements

Raw data of the 2014 Survey of Income and Living Conditions by TURKSTAT are accessed through a research project entitled ‘Housing Affordability and Measurement Methods’, funded under the Scientific Research Projects of Middle East Technical University (SRP: 08-11-2016-036).

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Department of City and Regional PlanningMiddle East Technical UniversityAnkaraTurkey

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