September rent increase rates have been announced
As of July, the 25 percent rent cap on residential properties was lifted. With the August inflation data, the ceiling increase rate to be applied to residential and commercial rents has been determined.
CPI-based rent increase rates had been capped at 25 percent for the last 2 years following a policy introduced by the government.
With this limit being lifted as of last July, tenants renewing their contracts will now have their rent increases calculated based on the CPI.
IT BECAME 64.91 PERCENT
With the Turkish Statistical Institute announcing the inflation rates for August, the rent increase rates for residential and commercial properties have also been determined.
Accordingly, rent increases for residential and commercial properties will be calculated based on the 12-month average.
With the announced August inflation data, the ceiling increase rate to be applied to residential and commercial rents has been finalized at 64.91 percent.
News Source: 12punto
Most Read
Historic words from Özgür Özel at the CHP group meeting
Air Force Academy student Veli Bilgin has died
Tuncer Bakırhan calls for a framework law
How did the newspapers view Özgür Özel's farewell to the CHP?
He killed his wife by slitting her throat: Their children witnessed the moments
The PKK opening and Özgür Özel’s path!..
Here are the names that will be in Özgür Özel's new party!
AKP mayor held responsible
Kılıçdaroğlu's 'controlled' shopkeeper visit
Güler leaves questions regarding Özgür Özel unanswered