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Public Policy Analysis in Turkey

Past, Present and Future

Edited By Onur Kulaç, Elvettin Akman and Cenay Babaoğlu

This book presents a broad and comprehensive perspective on analysis of public policy in Turkey. Each of the twenty-six chapters presents historical development, legal background, actors, problems, and recommendations of different policies. The scope of this book is to fill the void in the literature with regards to the analyses of public policies in Turkey.

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3 Housing Policy: Financialization of Housing in Turkey


Can Giray Özgül

3   Housing Policy: Financialization of Housing in Turkey


All legal and practical regulations developed by the state to meet the housing needs of individuals are called housing policy. The housing policy, which first emerged in the industrialized countries in the 19th century, was undertaken by the state as this field managed by the private sector failed to respond to the demands of large segments of society. Moreover, in the developing countries, it has come to the agenda with rapid migration movements in the middle of the 20th century. In the period from the 1950s till today when the global urbanization period took place, housing policies have become one of the essential fields of activity of the states aimed at daily life.

Due to rapid population growth, rapid urbanization rate and rehabilitation of existing illegal houses, there is a housing problem in Turkey. It is the state that determines the housing policies implemented to overcome this problem. While developing housing policies, a balance between the limited resources and social needs is assured bearing in mind the socio-economic structure of the country. This balance occurred in different ways in different historical periods. Depending on the government policies, in certain periods the state provided housing to its citizens as a public service whereas in some periods gave them in exchange for a price in market conditions under the laws of supply and demand, For instance, in the 60’s and 70’s,...

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