Real Estate in Turkey (2)
The political environment influencing the action plans of global investors is one of the most determining factors of the future for the real estate sector in Turkey. Political stability is the prerequisite for Turkey, aiming to be at the front rows of developing countries.
Improvement of the political setting means an increase in consumer confidence, economic growth and also improvement of the real estate need (along with the investment dimension). This will also allow being able get a greater share from global capital that has been directed to developing economies. Many factors such as announcement of implementation of tight monetary policy by American Federal Reserve (FED), announcement of supply of additional liquidity to the markets by the European Central Bank (ECB) and the Central Banks in China and Japan, the mobility of petroleum prices, risks caused by internal politics, risks caused by external policies in the Middle East and Ukraine are the major variables that are very significant and should be monitored carefully in access to financial sources. Elimination of all kinds of uncertainties in the real estate investments in Turkey that require long term resources and decrease of risks to the extent possible are very important in order to achieve a more intensive inflow of resources to the sector.