Recently, tenants have been complaining about exorbitant rental prices. While many landlords want to raise more by not complying with the Consumer Price Index (CPI) rule, some landlords make up various excuses to remove their current tenant and rent their house at a higher price.
Recently, exorbitant price hikes have started to be made for rental flats after the increasing need for new homes in Istanbul. In addition, many landlords have started to make up various excuses to rent their apartments at higher prices by removing their current tenants.
Nizameddin Aşa, President of the Istanbul Chamber of Realtors, listed the high rent increases in some districts. Nizameddin Aşa said, “There is an increase of 50-60 percent, or even more, in districts such as Kadıköy, Bostancı, Göztepe on the Anatolian side. You can’t find the house that you found for 3 thousand TL 1-2 years ago for less than 4-5 thousand TL now. On the European side, this story started in Avcılar. The central districts were not affected by this increase as much as in those regions, but the 1000 TL house in Avcılar increased to 2 thousand 500 TL. The rents in Suadiye and Bostancı are 4-5 thousand TL He went out,” he said.
“Homeowners do not abide by the CPI rule”
Levent Küçük, Chairman of the Consumers Association, stated that they received many messages on the subject and said, “We receive many complaints about the high rent increases. There is an exorbitant price increase in rents. Landlords do not comply with the Consumer Price Index (CPI) rule, they want to increase it even more, and for various excuses, the existing tenants are excluded. He wants to take out and rent out their houses with higher rents,” he said.