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Turkey

  • Zeynep Önder
Chapter
Part of the Research Issues in Real Estate book series (RIRE, volume 7)

Abstract

Real estate was always considered to be a traditional investment choice in Turkey because of the unavailability of other investment alternatives, such as stocks and bonds, before the establishment of the Istanbul Stock Exchange (ISE) in 1986. According to the results of the 1994 Household Income Distribution Survey, the home ownership rate in Turkey was very high by international comparison, at 70.88 percent. In addition, most of household incomes are used for housing-related expenditures. However, despite the importance of real estate to Turkey, research and education in this field have been very limited. Education has developed as the need has arisen, while research has been carried out as the necessary data have become available. In this paper, first, the background to the Turkish real estate market will be described. Then, the real estate professions, education and research in Turkey will be discussed.

Keywords

Real Estate Real Estate Investment Trust Mortgage Market Real Estate Investment Commercial Real Estate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Hafizoğullari, B. Gül. 1997. The Roles and nature of Mediating Agencies in the Real Estate Market after the 1980s: Brokerage Sector in Ankara. Unpublished M.S. Thesis. Middle East Technical University, Department of Urban Policy Planning and Local Governments.Google Scholar
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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Zeynep Önder
    • 1
  1. 1.Faculty of Business AdministrationBilkent UniversityBilkent, AnkaraTurkey

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