Foreign demand and high-rise luxury housing projects in two Turkish cities: Ankara and Trabzon

Alkan Gökler L.

Land Use Policy, cilt.103, 2021 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 103
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1016/j.landusepol.2021.105318
  • Dergi Adı: Land Use Policy
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Social Sciences Citation Index (SSCI), Scopus, PASCAL, Aquatic Science & Fisheries Abstracts (ASFA), CAB Abstracts, Environment Index, PAIS International, Political Science Complete, Pollution Abstracts, Public Affairs Index, Veterinary Science Database, DIALNET
  • Anahtar Kelimeler: Foreign homeownership, High-rise housing, Luxury housing projects, REAL-ESTATE, HOME, COMMUNITIES, INVESTMENT, LONDON
  • Gazi Üniversitesi Adresli: Evet

Özet

© 2021 Elsevier LtdIn recent years, Turkey has experienced a drastic increase in transnational migration, especially from Middle Eastern countries, and consequently, there has been a significant rise in foreign demand for Turkish property. After the 2000s, new arrangements in the Land Registry Law eased the acquisition of the real estate by foreigners, and the ensuing rise in demand for real estate had a significant effect on the Turkish housing sector. Turkish cities have seen a significant rise in the development of high-rise residential communities in recent years, some of which aim to attract foreign investors. This study investigates the relationship between the emergence of high-rise luxury housing projects and the rising demand for homes by foreigners focusing on two case study cities: Ankara and Trabzon. Both cities face the pressure of high-rise residential development and the foreign demand for real estate but under different circumstances.