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The real estate agent in Kadıköy doubled the price of the apartment in one day.
The real estate agent in Kadıköy doubled the price of the apartment in one day.

15.10.2024 15:00

A real estate agent in Kadıköy listed a 2+1 apartment measuring 110 square meters on a listing site for 4 million 750 thousand Turkish Liras. However, the next day, they doubled the price to 8 million Turkish Liras. This situation was noticed by a user who had added the apartment to their favorites on the listing site. It appears that opportunistic real estate agents and homeowners are inflating housing prices to exorbitant levels, resulting in a housing bubble.

A real estate agent in Kadıköy listed a 110 m2 2+1 apartment on the listing site for 4 million 750 thousand Turkish Liras on October 8, 2024, and doubled the price the next day.

OPPORTUNISTIC REAL ESTATE AGENTS INFLATE THE HOUSING BUBBLE

Although many measures have been implemented to prevent housing prices from skyrocketing, none of them are sufficient. Some opportunistic homeowners and real estate agents disregard the rules.

The real estate agent in Kadıköy doubled the price of the apartment in one day

INCREASED BY 3 MILLION TURKISH LIRAS IN ONE DAY

A real estate agent opened a listing for a 110 m2 2+1 apartment for sale on Atatürk Street in Kadıköy Sahrayıcedit. Initially, he asked for 4 million 750 thousand Turkish Liras for the house he put up for sale, but the next day he changed the price to 8 million Turkish Liras. A user of the site who added the apartment listed for sale to their favorites noticed the situation and drew attention to it.


 
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