Landlord

The house price rally has inflated the expectations of rental property owners who are trying to maximize their monthly income. Comparing the prices asked in classified ads with those included in lease agreements, it turns out that the discrepancies are large.

With the requirement of mandatory mediation for rental disputes coming into force as of Sept. 1, the first day has witnessed a whopping 494 applications, as rental disputes take the top spot among the cases referred to mediation.

High rents are not the only problem tenants looking for a new apartment have to deal with in Türkiye, as those who are lucky enough to find a house they can afford also need to meet several "tough" conditions imposed by landlords before they move in.

Property owners started to seek additional assurances from potential occupants last year as some tenants failed to pay their rents.

Rental pressures are forcing people to switch from sharing apartments, a common practice among university students, to sharing rooms, just like in dormitories, with sometimes up to eight people struggling to accommodate in a single room.

In response to the soaring demand, in recent weeks, room-sharing listings have started to come to the fore on rental platforms online.

Rent or buy? Both options have become almost too expensive to contemplate, especially for aspiring homeowners in Greece who must also arrange for a bank loan.

This year, landlords and tenants have filed tens of thousands of legal cases to resolve the disagreements and conflicts among them, overwhelming the country's courts.

Some 90,000 rent dispute related legal cases have been opened at courts since the start of the year, Justice Minister Yılmaz Tunç said, noting that this marked a 100 percent increase from a year ago.

As growing disputes between tenants and property owners show no sign of abating, landlords are increasingly preferring to lease out their homes on a short-term basis.

Their favorite potential occupants are now students who most landlords in the past simply avoided.

The rent crisis, which has been affecting millions of citizens for more than two years, has become one of the priorities of the public.

Last year, a 25 percent cap on rent increases was imposed by the government, and the deadline was extended this year.

Property owners are increasingly turning to short-term leasing as a result of the recent extension of the annual rent increase cap, as the figures fall far below market value.

Following the extension of a 25 percent cap on rent hikes to another year, courts are struggling to handle the huge influx of lawsuits arising from disputes between landlords and tenants over rent increases and eviction.