Mass inspections of real estate agencies and realtors for the availability of necessary licenses have started on the territory of Turkey, Turkish media report.
This is partly caused by the same exorbitant increase in rental prices, about which the authorities are now taking a number of measures, Finance Minister Noureddin Nebati said.
So now, during the inspections, both individual real estate market specialists (realtors) and firms (agencies) that «violate the balance of supply and demand» by artificially inflating prices, provoking owners to do the same and demonstrate other examples of dishonest behavior. Complicating the lives of law-abiding tenants.
Moreover, it is not only tenants who suffer: the state of market mobility as a whole also suffers. Moreover: «black» and «gray» leases in the absence of contracts - that is, without their conclusion, even if the payment is transferred through the bank to the account of the agency or the owner of the property. This is a blow to the country's economy.
So, during on-site inspections, companies working with violations are identified; speculators, other persons seeking to cash in on the current rental hype. At the same time, owners who do not bother to fill out tax returns.
Recall that the «rental bubble» has already «burst» by itself in Alanya; other cities and provinces are next in line. The rates for renting housing can theoretically fall up to 40%.