I really love the category of buyers, but no, not true, the category of “spectators”, which I include:
I'll look while the market; I'm not in a hurry;
I will wait for autumn, because I read somewhere that it is more profitable to buy in autumn and prices are lower;
we will first live in rent;
etc.
So, we all looked, waited, who listened to our advice turned out to be in a big plus now. What's next? Why has there been such a jump in prices and where is everything heading?
There is an opinion that in order to correct the real estate market, it is necessary to wait for the growth of mortgage rates, the tightening of loans. This kind of reduces demand, increases supply and becomes the basis for some price reduction. What we see in practice: almost all banks have stopped issuing mortgage loans to foreigners, more about rates, etc. etc. can not continue, I think.
It is clear that this did not make housing more affordable. The level of income of buyers did not become proportional to the increase in prices.
Real estate will be bought by rich people, as well as those who move money from current accounts and savings cells to real estate. Everyone and we also really saw the picture of “quick analysis” of good objects. Toys with the behavior of some banks in different countries have shown that it is better to buy a conservative asset (real estate) and not depend on political and economic waves. Based on the “fashionable” formulations about friendly and not friendly countries, a huge number of people came to Turkey interested in purchasing real estate, do you think this will help reduce prices?
We believe that the growth in prices for luxury real estate will grow faster than the standard offer.
At present, it is extremely difficult to find rental offers, prices have increased from 3,000 lira (autumn 2021) to 13,000 thousand lira and more.
The number of construction projects in the new districts of Antalya has been added, the developers did not fail with the prospects of construction. Their prices depend on the prices of, conditionally, milk and gasoline. These products are rising and the price of construction is also rising. But! If you have entered into a purchase agreement, one of the essential conditions is price fixing. Seize the moment.
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