Trakya Public Real Estate Advisors Association Edirne Branch President Aytaç Feda said that real estate sales stopped after the New Year. Feda said, “There is uncertainty about what will happen after the elections, or there is fear and uneasiness in people, and there is a stagnation in real estate until the election due to the fact that the bank rates do not change, the state banks are still limited to limited figures such as 250 thousand liras, and the interest rates of other banks are high.”
Trakya General Real Estate Consultants Association Edirne Branch President Aytaç Feda said in a statement today that he expects the real estate market to be stagnant from New Year’s to the election. Feda said, “We are of the opinion that the investments you will make until the eve of this election, such as fields, land or houses, will make a big profit after the elections.”
“WE THINK YOU WILL GET BIG WIN AFTER THE ELECTIONS”
Aytac Feda said:
“2022 was still stagnant due to the increase in housing prices and high bank loans, but a movement started towards the end of the year. Why? Due to the increase in trading, the increase in the revolving capital, the increase in the purchase and sale of the municipality, companies will set their own places on behalf of individuals or for those who will trade, before the New Year. There was an intensity in November and December. However, there is a usual stagnation in trades after the New Year’s Eve. The reason is because we entered the eve of the election. There is uncertainty about what will happen after the elections, or there is fear, uneasiness, people and bank rates do not change, state banks still have limited numbers of 250 thousand liras. There is a stagnation in real estate until the election due to the limited interest rates of other banks and the high interest rates of other banks. This is a great opportunity for real estate buyers. A flat sold for 55-60 thousand Euros last year or before that is now around 100-110 thousand Euros. So buy real estate 2 years ago n wins one-on-one Euros. It doesn’t earn anything that real estate does, including gold. We are of the opinion that the investments you will make until the eve of this election, such as fields, land or houses, will make a big profit after the elections. Since banks do not bring much interest, it is beneficial to direct them to real estate.”
Son Dika › Local › Trakya Public Real Estate Consultants Association Edirne Branch President: ‘There is a Recession in Real Estate Until Elections’ – Last Minute
This news was prepared by ANKA and no editorial intervention was made by Sondakika.com. All news prepared by ANKA are automatically served as they are prepared on our website. For this reason, the legal addressee of the news is ANKA.
Source link
