Property
Project developer conducts survey on housing
Oda, real estate company, conducted a wide-ranging survey in the real estate sector in order to analyze the changes in customer’s preferences for housing.
Some 26 percent of the participants were aged between 25-35, while 48 percent aged between 35-45, 18 percent between 45-55 and the remaining 8 percent aged above 55. The customer profiles consist of company owners and professionals. The most crucial factor affecting customer’s housing decisions is the property price.
Some 38 percent of those that took the poll want to invest in real estate, while 25 percent choose treasury stock as an investment tool, according to the survey. Meanwhile, the ratio of those, who would like to purchase apartments with investment purposes, is 38 percent, while 54 percent of those polled buy apartments for residing.
Additionally, more than 40 percent of all prefer to invest in new housing projects, which are located in a central spot, a few minutes away from the city center.
Source: Turkish Daily News
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I am rather sceptical about the sample here. In a relatively poor country like Turkey, how on earth can 38% purchase for buy-to-let purposes? Most Turks prefer to own their main residence - these results seem to suggest that almost 2/5 of Turks have enough money in addition to owning their main residence to invest in another. Not likely.