Syrian Refugee Return: Istanbul Rental Market Impact Delayed
Experts predict that while the return of Syrian refugees from Istanbul could eventually free up 40-50,000 apartments, significantly impacting the rental market, this effect won't be seen for 1-1.5 years, and short-term price drops are unlikely.
Syrian Refugee Return: Istanbul Rental Market Impact Delayed
Experts predict that while the return of Syrian refugees from Istanbul could eventually free up 40-50,000 apartments, significantly impacting the rental market, this effect won't be seen for 1-1.5 years, and short-term price drops are unlikely.
What is the immediate impact of the anticipated return of Syrian refugees on Istanbul's rental market?
"The expectation of Syrian refugees returning to their home country is not expected to immediately lower rental prices in Istanbul. Experts predict that even with 40-50,000 apartments potentially becoming vacant in areas with high Syrian populations, the impact on the rental market will only be noticeable after 1-1.5 years. This would increase rental options, potentially easing landlords' terms and slowing rental increases.",",A2="While a potential return of Syrian refugees might reduce rental costs in Istanbul, experts caution against immediate expectations of significant price drops. The predicted release of 40-50,000 apartments in areas with high Syrian populations would only gradually impact rental rates, taking 1-1.5 years to fully materialize. This increase in available properties is predicted to gradually moderate rental prices and terms.",",A3="The anticipated return of Syrian refugees could reshape Istanbul's rental market dynamics over the long term, but not in the short term. The influx of available units will eventually create a more balanced market, with more options for renters. However, factors such as existing infrastructure issues and established businesses might delay the immediate impact of this potential shift.",",Q1="What is the immediate impact of the anticipated return of Syrian refugees on Istanbul's rental market?",",Q2="What are the potential long-term effects of this return on rental prices and market conditions in specific Istanbul neighborhoods?",",Q3="What underlying factors could moderate or delay the expected impact of the Syrian refugees' return on Istanbul's rental market?",",ShortDescription="Experts predict that while the return of Syrian refugees from Istanbul could eventually free up 40-50,000 apartments, significantly impacting the rental market, this effect won't be seen for 1-1.5 years, and short-term price drops are unlikely.",",ShortTitle="Syrian Refugee Return: Istanbul Rental Market Impact Delayed"
