Engin Tuncer: It is a violation of public rights for one person to own many apartments
Eyüp Sabri Tuncer Chairman of the Board Engin Tuncer drew attention with his remarks on real estate ownership. Tuncer attributed the rise in housing prices in the country to those purchasing second or third apartments.
12punto
Tuncer made noteworthy assessments regarding the price increases in the housing market and real estate purchases for investmentpurposes on the Bloomberg HT program "İşte Zirve". Emphasizingthat it is a violation of public rights for one person to own many apartments, Tuncer touched upon both constitutional and religious
aspects. He argued thatthis practice is problematic.Heemphasized that the right to shelter is a fundamental right. He underlined this.
“THE RIGHT TO SHELTER IS A CONSTITUTIONAL ANDRELIGIOUS RIGHT”
Engin Tuncer stated that one person owning 15, 20, 50, or even 100 apartments undermines social justice, adding, “Hoarding real estate is taking away people's right to shelter. This situation violates the Constitution, the Civil Code, and according to our religion,it constitutes a violation ofpublic rights.”
Tuncer stated that investors turning to housing while it is still in the project phaseon the grounds that it is cheaphas caused prices to rise rapidly, saying, "Different in the third month,different in the fifth month, and at delivery, two-three timesthe price."With the rising prices, thereal needsof people to buy homes are being blocked,” he said.
"THOSE IN NEED CANNOT BUY HOMES"
Thisprocess for low and middle-income citizensStating that this victimizes citizens, Tuncer remarked, "When people cannot become homeowners, they are later forced to rent the same properties at much higher prices.This effectively means the right to housing is being eliminated."
"NO ONE IN OUR FAMILY HAS A SECOND APARTMENT"
Explaining his own family and corporatephilosophy,Engin Tuncer stated the following:
No one in our family has a second apartment. One should only acquire what one needs; you buy a home to live in, and that is it. If it needs to be changed, you sell it and buy a new one. It is an infringement on the rights of those who will come after us.we do not approve.
“THERE IS NO RENTAL REAL ESTATE IN OUR FAMILY OR COMPANY”
Tuncer emphasized that none of the owners or family members of the Sabri Tuncer companyhave any real estate for rent,stating, “Neither our company nor anyone in our family has a single property for rent.”