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Exploring housing market and urban densification during COVID-19 in Turkey
Journal of Urban Management Pub Date : 2021-07-15 , DOI: 10.1016/j.jum.2021.06.002
Md Moynul Ahsan 1 , Cihan Sadak 1
Affiliation  

The paper explores the housing market, urban densification, and government policy interventions due to COVID-19 in Turkey. From 1980 to 2019, the share of urban population in Turkey increased from 43.78% to 75.14% (UN DESA, 2018) and simultaneously the housing production has been increased more than 30% at the same period and it has planned to build or reconstruct about 13 million housing units including 1 million housing units per year from 2020 (Housing Development Administration of Turkey, 2020). However, COVID-19 has radically changed Turkey's real estate market, more specifically, housing market. Based on secondary data and information, the study has found that there has been a sharp decrease occurred during the month of April and May in 2020 due to curfew and other related COVID-19 controlled measures. After government interventions such as lowering interest rates in public banks, online land registry applications, government stimulus packages etc. a sharp increase happened from June and the third quarter of 2020; even after out looking 10 lowest densely populated provinces, 10 highest densely populated provinces in Turkey and districts in Istanbul. Focusing impact on the housing market in three different quarters (Q1, Q2 and Q3) of 2020 in the studied areas, it has found that there is no significant relationship between housing sales with respect to population density but government policy intervention during COVID-19 plays a very significant role in increasing housing demand.



中文翻译:

在土耳其 COVID-19 期间探索住房市场和城市密集化

本文探讨了由于 COVID-19 在土耳其的住房市场、城市密集化和政府政策干预。从 1980 年到 2019 年,土耳其城市人口的比例从 43.78% 增加到 75.14%(联合国经社部,2018 年),同时住房生产量同期增加了 30% 以上,并计划建造或重建约1300 万套住房,包括从 2020 年起每年 100 万套住房(土耳其住房发展管理局,2020 年)。然而,COVID-19 从根本上改变了土耳其的房地产市场,更具体地说,是住房市场。根据二手数据和信息,该研究发现,由于宵禁和其他相关的 COVID-19 控制措施,2020 年 4 月和 5 月发生了急剧下降。在降低公共银行利率、在线土地登记申请、政府刺激计划等政府干预之后,从 2020 年 6 月和第三季度开始急剧增加;即使在查看 10 个人口密度最低的省份、土耳其的 10 个人口密度最高的省份和伊斯坦布尔的地区之后。关注研究区域 2020 年三个不同季度(第一季度、第二季度和第三季度)对住房市场的影响,发现住房销售与人口密度之间没有显着关系,但在 COVID-19 播放期间政府政策干预在增加住房需求方面发挥了非常重要的作用。从 2020 年 6 月和第三季度开始急剧增加;即使在查看 10 个人口密度最低的省份、土耳其的 10 个人口密度最高的省份和伊斯坦布尔的地区之后。关注研究区域 2020 年三个不同季度(第一季度、第二季度和第三季度)对住房市场的影响,发现住房销售与人口密度之间没有显着关系,但在 COVID-19 播放期间政府政策干预在增加住房需求方面发挥了非常重要的作用。从 2020 年 6 月和第三季度开始急剧增加;即使在查看 10 个人口密度最低的省份、土耳其的 10 个人口密度最高的省份和伊斯坦布尔的地区之后。关注研究区域 2020 年三个不同季度(第一季度、第二季度和第三季度)对住房市场的影响,发现住房销售与人口密度之间没有显着关系,但在 COVID-19 播放期间政府政策干预在增加住房需求方面发挥了非常重要的作用。

更新日期:2021-08-26
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