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Turkish authorities developed a strategy to reduce the value of new apartments: switch to domestic building materials

 

The Minister of Atmosphere and City Improvement of Turkey Murat Kurum has introduced that the Republic will quickly take measures geared toward lowering the price of new housing. The principle step on this path would be the 100% use of Turkish constructing and ending supplies. If the nation produces all required building supplies advert use them in constructing new homes. This can have an effect on the worth of actual property in Turkey downward, the ministry defined. One of many key elements figuring out the costs of homes and flats in Turkey is the value of supplies utilize in building and ornament. Imported supplies are dynamically rising in value as a result of fall of the Turkish lira. And as well as, as a result of outbreak of the coronavirus, provide issues have arisen. Which partly proceed to today.

 

Within the close to future, the Turkish authorities will develop funding packages that can permit the manufacturing of all imported supplies in Turkey. This may cut back building prices by 15-20 %, specialists say.

 

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