Currency and Economic Volatility: The impact on Turkey's rental market

    Jan 23, 2019 @ 08:58 AM / by Philli Wong


    Rents in Turkey decreased due to lower demand, the depreciation of the lira, and the economic conditions that resulted from recent government policies and security concerns. A recent change in lease laws required that all contracts be signed and paid in Turkish lira (TRY) instead of USD or EUR.

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