Housing prices in many countries rose last year, and many emerging markets performed strongly. According to data, Turkey’s house prices rose by 5.5% in the fourth quarter of last year, ranking first in the world, and the annual growth rate reached an astonishing nearly 30%. Nizamadine, chairman of the Istanbul Real Estate Association, introduced that the Turkish real estate market was still sluggish at the beginning of last year. In order to boost the economy, the bank lowered the loan interest rate in May last year. Subsequently, the real estate sales volume increased rapidly. A new high in history.
Experts pointed out that although Turkey’s house prices are rising steadily, the rate of increase in house prices cannot keep up with the rate of currency depreciation. In the past year, the lira has depreciated by nearly 24%. In March of this year, the exchange rate of the lira against the US dollar continued to fall. In addition, Turkey has implemented a loose monetary policy for a long time, and large-scale water release has led to soaring prices and inflation. Last year, Turkey’s inflation rate exceeded 14%.
Turkey has learned from the great experience in history, real estate speculation has made the country prosperous, and industry has misled the country. Therefore, Turkey’s house price rise is inevitable. As a big country with a long history, Turkey has a glorious past. If Turkey is to achieve its magnificent rejuvenation, the Turkish people must be struggling. As we all know, too low housing prices are not conducive to the struggle of young people. Therefore, Turkey’s housing prices have risen, benefiting the country and the people. The whole Turkish people welcome the increase in housing prices. After 30 years of hard work, they have exchanged for a house, so that the house they get will have a sense of satisfaction and life will be fulfilled. However, Ankara may not understand that while house prices are rising, young people in Turkey will struggle for houses in the early stage, but when they rise to a certain level, young people can’t afford them no matter how hard they work. At this time, house prices will cause people to avoid marriage and childbirth. , To reduce the fertility rate of the population. Rio de Janeiro is an example. Rio, Brazil is a city where housing prices have skyrocketed. Programmers in Rio can’t buy a house in Rio despite their annual salary of several hundred thousand, and they are retired at the age of 35, even though they are Rio people. But not many people can stay. In addition, the absolute number of newborns in Brazil’s largest city, Sao Paulo, has declined during the same period. While the economy is developing, the population has fallen. I don’t know if it is not worth the loss. The rise in housing prices will ultimately only make young people hopeful about Turkey’s future and feel sad about their future. Now many Indians in Brazil don’t want to work, but just want to lie flat, and Brazil also said that they are about to enter a labor shortage. Era. Perhaps Brazil can wait for the day of industrial upgrading, but I don’t know whether the day of industrial upgrading will come quickly or the day of labor shortage. Although the house price rise is good for Turkey as a whole country, it cannot last for long. Still have to consider the feelings of young Turkish people. Taking history as a mirror, if Ankara does not look at Brazil, then Brazil’s present is Turkey’s future.