Who will build these buildings? Are they all gonna be a few types houses that TOKİ will build with some subcontractors? If that's the case, the cities would look very dull and bland with no character.
TOKI certainly cannot carry this burden alone. Each and every contractor(*who does their job right and fears god) in Turkiye should take part in this work. The real problem in housing construction is not the cost but the size of the job. If you calculate in 4 floor 8-flat, about 50,000 buildings need to be completed in 1 year. This does not include the reconstruction of the countryside and commercial areas.
Remember, there is already a 1 million housing program for low-income citizens in addition to TOKİ's ongoing projects. Moreover, there is a commitment to deliver these houses within 2 years. Moreover, half of the cost of these 1 million houses will be covered by the treasury.
Together with dozens of ongoing projects, this means at least 500,000 housing units by 2024 and nearly 2 million by 2025. To be built by other ministries: Add the thousands of schools, hospitals, public buildings, mosques, cultural and recreational areas, parks and gardens, infrastructure, etc on it.
Even if we consider land costs as 0, all this housing and infrastructure construction alone may require over 10 billion dollars in additional resources. In addition, state banks will need to create appropriate loan packages to finance the need for new buildings that will not be built by the state, are in a slightly damaged condition, or for one reason or another. Also, our country is also struggling with inflation. From building materials to furniture, supply channels need to be completely reorganized and if necessary, some sectors should be banned from export.
But this is not the main cost, commercial activities will need to be revitalized to prevent economic shrinkage in the region and to maintain its population. Thousands of businesses, workshops and even factories have been damaged. Getting them back up and running and rebuilding those that were destroyed is another problem, and there will be dozens of other huge expense items that the treasury will have to deal with directly, such as subsidizing the losses of businesses that have not been operating since the day of the disaster and probably will not be able to operate for some time to come, deferring loan debts, tax and premium amnesties, unemployment allowances, and allocating funds to disaster victims. People lost their homes and jobs. For first year, until they get homes earthquake victims should be provided with the best possible conditions.
Don't get me wrong, I wouldn't want to write all this here. I wish we had not lost any of our people and we would have faced twice the cost. But the indirect costs of being caught unprepared for the disaster will be more of a problem than the direct costs. For this reason, I think cost estimates only for the renewal of the building stock are not very realistic. Cumulatively, there will be a huge bill.
