Private sector offers new rental houses system

While the government was carrying out a housing move for low-income citizens with the "My First Home My First Workplace" social housing project, a model proposal came from the private sector to support their housing needs.

The private sector, which has prepared a roadmap based on the development of accessible housing on lands owned by the state, proposes to develop houses on these lands and to rent them to citizens under the regulation of the state. In this leasing model, rents are planned to be equivalent to 30 percent of disposable household income in a household with two people.

The real estate sector, which came together at the Real Estate Summit held for the 17th time by the Real Estate Investment Partnership Association (GYODER), took the latest developments and future vision on its agenda. At the "Accessible Housing" panel held at the summit, a rental housing proposal was tabled for citizens under the regulation of the state.

GYODER Chairman of the Board Mehmet Kalyoncu, who explained his suggestions regarding the details of the model at the summit, said that they established an "Accessible Housing Committee" as an association.

"There is a figure that we can see very clearly in the sector, and that is the number of licenses: We have seen it drop to 30 percent of normal," he added.

"At this point, we expressed that we should produce and that we should eliminate the obstacles in front of production. Land accounts for half of the cost of real estate development. We are currently stuck in an equation where the land is 50 percent. There is no such rate in the developed countries of the world. Our model is based on that as well."

'The cost will come down'

Emphasizing that they reduced the share of the land, which...