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October rent ceiling set at 31.49%

Photo: Habertürk

The maximum increase that can be applied to residential and workplace rents in October was set at 31.49% on the basis of the Turkish Statistical Institute (TÜİK)'s September inflation data.

The rate was calculated from the 12-month inflation average used as the basis for monthly rent increases. Until July 2024, a 25% rent cap had been applied to residential rents for two years.

October rent ceiling set at 31.49%

Sources 3 sources

Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

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