Action has been taken against earthquake opportunists! Administrative sanctions will be implemented without delay.

Action has been taken against earthquake opportunists! Administrative sanctions will be implemented without delay.

24.04.2025 01:10

Opportunists who emerge during every major event also seized the opportunity presented by the Istanbul earthquake. Those blinded by greed began to raise housing prices, ignoring the difficult situation of the citizens. Following the scandal, Deputy Minister of Trade Mahmut Gürcan announced that administrative sanctions would be implemented without delay.

Earthquakes occurring consecutively in Istanbul have caused great fear. Opportunists have once again taken the stage on this day when solidarity and unity should prevail.

PRICE INCREASES IN REAL ESTATE

Ignoring the difficult situation of citizens, opportunists have increased the number of listings for sale and rent after the earthquake.

Action has been taken against earthquake opportunists! Administrative sanctions will be applied without delay to those who raise prices

ADMINISTRATIVE SANCTIONS ON THE WAY

Following the scandalous event, Deputy Minister of Trade Mahmut Gürcan made a statement regarding the issue.

Mahmut Gürcan, stating, "We continue to work tirelessly to prevent practices that will cause our citizens to suffer," said that administrative sanctions will be applied decisively and without delay.

"WILL BE APPLIED WITHOUT DELAY"

In the entirety of the post, Gürcan included the following statements:

As the Ministry of Trade, we are closely monitoring all situations that may develop against our citizens in the real estate sector following the earthquake that occurred in Istanbul on April 23, 2025, and we continue to work tirelessly to prevent practices that will cause our citizens to suffer.

In extraordinary times like earthquakes, the importance of social solidarity, unity, and togetherness is greater than ever. It is of utmost importance that all our citizens act with a sense of social responsibility along with our businesses during this sensitive period. No attitude or behavior that can be characterized as opportunism, aimed at taking advantage of the difficult situation of our citizens, will be tolerated.

In this context, information regarding the listings for sale and rent that have seen price increases following the earthquake in Istanbul is being obtained from listing platforms, and necessary administrative sanctions will be applied decisively and without delay against all real and legal persons found to have engaged in unfair price increases.

In order to provide you with a better service, we position cookies on our site. Your personal data is collected and processed within the scope of KVKK and GDPR. For detailed information, you can review our Data Policy / Disclosure Text. By using our site, you agree to our use of cookies.', '