While our country faced huge hikes in all areas of life with the increasing inflation, one of the points that affected the citizens the most was the rent of the house. While house rents have more than doubled compared to just one year ago, it was expected that a new regulation would be brought by the state to rent prices for a long time.
Here is an extremely important statement from Minister of Justice Bekir Bozdag about that awaited regulation. Bozdag, in his statement, announced that rent increases in housing rents will be limited to 25%. Bozdağ’s statement was as follows:
The rent increase will not exceed 25%:
“For contracts to be renewed until 1 July 2023, 25 percent of the previous rental year The provision that the increases to be made will be valid, provided that the increase to be made not exceeding the . We took care to keep it at one point with a certain sacrifice. I hope it will meet the expectations, I hope it will produce the results we expect, I hope it will be beneficial in advance.”
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