TR Economy & Updates

[B_A]

I don't give to shits what ching chang, japan or whoever the fuck was in their housing crisis.
People, especially the young. The future of every fucking Country is NOT happy. And like I said, the housing crisis is one problem of a billion.

I meant there are sad people without house and happy house owner.the number is half-half.
Crisis for half and the heaven for another half

 

[B_A]

Rise export,Keep account surplus,stable the TL

Thats the only method.

 

[BalkanTurk90]

Craziest housing markets VS Turkey


View attachment 60086

View attachment 60087

Does that mean the homes are becaming expensive ? Turkiye had this advantage and if this happen this will upset alot of Turks .
What is apartament 2x1 in Ankara , Izmir , Istanbul ? . 5 years ago i thing was 40k euros not at city center but aslo not far away aslo ,the averange one ? Did it change ?

 

[Bozan]

Does that mean the homes are becaming expensive ? Turkiye had this advantage and if this happen this will upset alot of Turks .
What is apartament 2x1 in Ankara , Izmir , Istanbul ? . 5 years ago i thing was 40k euros not at city center but aslo not far away aslo ,the averange one ? Did it change ?

The rise of Istanbul property: 2011-2016 price analysis - Property Turkey

Istanbul property prices rose 42% between 2011 and 2016. We examine the historical property data to discover which areas had the greatest - and lowest gains.

www.propertyturkey.com

Very ugly graph

 

[Nilgiri]

And unlike rest of Europe, there are tons of new construction

Leads me to believe there is a huge level of scam going on for money laundering and so on.... i.e the supply side is compromised.

Property and rent surveys capture inflation because they are demand-side oriented, i.e what do people actually demand in the end.

This is becoming huge issue in China as well....because property is seen as investment past its utility, so supply side and the local govt debt and land + labour costs have done little for the bubble thats grown from demand side in specific areas for specific reasons that the govt indulged and ignored for long time.

 

[Xenon54]

It would be nice if Japan was in the graph.

Yeah please, show japan, because seeing that its just as bad will totaly change the situation in Turkey.
Or at least it will help me to cope with the facts.

 

[Heartbang]

Yeah please, show japan, because seeing that its just as bad will totaly change the situation in Turkey.
Or at least it will help me to cope with the facts.

The 1st step to fix s*it is to assess the damage. Therefore a comparison with Japan is required.

You need to chill.

 

[Xenon54]

The 1st step to fix s*it is to assess the damage. Therefore a comparison with Japan is required.

You need to chill.

Totaly different country with totaly different problems and causes on the opposite side of the planet is your reference point when trying to fix "s*it"?
The problem is obvious, its just that one part of the society refuses to accept it.

Anyways, we can just as well add a property crisis to the soup, would be an interesting experiment and learning experience.

 

[B_A]

Yeah please, show japan, because seeing that its just as bad will totaly change the situation in Turkey.
Or at least it will help me to cope with the facts.

The 1st step to fix s*it is to assess the damage. Therefore a comparison with Japan is required.

You need to chill.

JAPAN is a different situtation

 

[Xenon54]

View attachment 60106
View attachment 60107 JAPAN is a different situtation

I was being sarcastic.

 

[Heartbang]

I was being sarcastic.

Put (!) next to your remarks. Let us know you're being sarcastic, too.

 

[Xenon54]

Put (!) next to your remarks. Let us know you're being sarcastic, too.

Sry i missed the memo that exclamation mark became the international sign for sarcasm, but maybe i can use this for you in the future.

 

[Heartbang]

Sry i missed the memo that exclamation mark became the international sign for sarcasm, but maybe i can use this for you in the future.

View attachment 60120

Its in the Turkish grammar rules. And the international community lacks such a sign.

 

[what]

/s at the end of a sentence is commonly used to indicate sarcasm on the internet, just saying.

 

[Deliorman]

The economy is doing great and people are all so happy. Turkey is going to be an export superpower and an economic miracle very very soon. /s

 

[Bozan]

https://twitter.com/i/web/status/1691365647752605696

Over 1 billion dollars loan from an 'international bank' with 'high reputation' that will not be named

 

[Xenon54]

https://twitter.com/i/web/status/1691365647752605696

Over 1 billion dollars loan from an 'international bank' with 'high reputation' that will not be named

Its not named because of its reputation.

 

[Zafer]

I've found this IMF GDP PPP estimates made on April 11. I scaled them by China on the fourth column and by Türkiye on the fifth column. I see that while Türkiye holds the 11th position now, 8th place is not very far away. I think we may see that in 5 years.

1​	China​	33,014,998​	100.0​	924.1​
2​	United States​	26,854,599​	81.3​	751.7​
3​	India​	13,033,443​	39.5​	364.8​
4​	Japan​	6,456,527​	19.6​	180.7​
5​	Germany​	5,545,656​	16.8​	155.2​
6​	Russia​	4,988,829​	15.1​	139.6​
7​	Indonesia​	4,398,729​	13.3​	123.1​
8​	Brazil​	4,020,381​	12.2​	112.5​
9​	France​	3,872,729​	11.7​	108.4​
10​	United Kingdom​	3,846,931​	11.7​	107.7​
11​	Türkiye​	3,572,551​	10.8​	100.0​
12​	Italy​	3,195,548​	9.7​	89.4​
13​	Mexico​	3,125,902​	9.5​	87.5​
14​	South Korea​	2,924,038​	8.9​	81.8​
15​	Canada​	2,385,124​	7.2​	66.8​
16​	Spain​	2,363,535​	7.2​	66.2​
17​	Saudi Arabia​	2,300,967​	7.0​	64.4​
18​	Egypt​	1,803,584​	5.5​	50.5​
19​	Australia​	1,718,097​	5.2​	48.1​
20​	Taiwan​	1,710,399​	5.2​	47.9​
21​	Poland​	1,705,282​	5.2​	47.7​
22​	Iran​	1,691,819​	5.1​	47.4​
23​	Thailand​	1,591,402​	4.8​	44.5​
24​	Pakistan​	1,582,988​	4.8​	44.3​
25​	Bangladesh​	1,475,164​	4.5​	41.3​
26​	Vietnam​	1,450,805​	4.4​	40.6​
27​	Nigeria​	1,372,624​	4.2​	38.4​
28​	Netherlands​	1,290,947​	3.9​	36.1​
29​	Philippines​	1,289,281​	3.9​	36.1​
30​	Argentina​	1,274,807​	3.9​	35.7​
31​	Malaysia​	1,230,823​	3.7​	34.5​
32​	Colombia​	1,014,978​	3.1​	28.4​
33​	South Africa​	990,030​	3.0​	27.7​
34​	United Arab Emirates​	890,171​	2.7​	24.9​
35​	Romania​	783,903​	2.4​	21.9​
36​	Switzerland​	774,472​	2.3​	21.7​
37​	Belgium​	766,025​	2.3​	21.4​
38​	Singapore​	757,726​	2.3​	21.2​
39​	Ireland​	752,831​	2.3​	21.1​
40​	Sweden​	712,023​	2.2​	19.9​
41​	Kazakhstan​	652,597​	2.0​	18.3​
42​	Austria​	630,387​	1.9​	17.6​
43​	Norway​	452,996​	1.4​	12.7​
44​	Algeria​	620,971​	1.9​	17.4​
45​	Chile​	595,599​	1.8​	16.7​
46​	Ukraine​	444,194​	1.3​	12.4​
47​	Iraq​	560,307​	1.7​	15.7​
48​	Peru​	556,680​	1.7​	15.6​
49​	Hong Kong​	544,735​	1.6​	15.2​
50​	Czech Republic​	536,906​	1.6​	15.0​
51​	Israel​	533,992​	1.6​	14.9​
52​	Portugal​	460,130​	1.4​	12.9​
53​	Denmark​	432,489​	1.3​	12.1​
54​	Hungary​	426,941​	1.3​	12.0​
55​	Greece​	418,113​	1.3​	11.7​

 

[Agha Sher]

I've found this IMF GDP PPP estimates made on April 11. I scaled them by China on the fourth column and by Türkiye on the fifth column. I see that while Türkiye holds the 11 position now 8th place is not very far away. I think we may see that in 5 years.

1​	China​	33,014,998​	100.0​	924.1​
2​	United States​	26,854,599​	81.3​	751.7​
3​	India​	13,033,443​	39.5​	364.8​
4​	Japan​	6,456,527​	19.6​	180.7​
5​	Germany​	5,545,656​	16.8​	155.2​
6​	Russia​	4,988,829​	15.1​	139.6​
7​	Indonesia​	4,398,729​	13.3​	123.1​
8​	Brazil​	4,020,381​	12.2​	112.5​
9​	France​	3,872,729​	11.7​	108.4​
10​	United Kingdom​	3,846,931​	11.7​	107.7​
11​	Türkiye​	3,572,551​	10.8​	100.0​
12​	Italy​	3,195,548​	9.7​	89.4​
13​	Mexico​	3,125,902​	9.5​	87.5​
14​	South Korea​	2,924,038​	8.9​	81.8​
15​	Canada​	2,385,124​	7.2​	66.8​
16​	Spain​	2,363,535​	7.2​	66.2​
17​	Saudi Arabia​	2,300,967​	7.0​	64.4​
18​	Egypt​	1,803,584​	5.5​	50.5​
19​	Australia​	1,718,097​	5.2​	48.1​
20​	Taiwan​	1,710,399​	5.2​	47.9​
21​	Poland​	1,705,282​	5.2​	47.7​
22​	Iran​	1,691,819​	5.1​	47.4​
23​	Thailand​	1,591,402​	4.8​	44.5​
24​	Pakistan​	1,582,988​	4.8​	44.3​
25​	Bangladesh​	1,475,164​	4.5​	41.3​
26​	Vietnam​	1,450,805​	4.4​	40.6​
27​	Nigeria​	1,372,624​	4.2​	38.4​
28​	Netherlands​	1,290,947​	3.9​	36.1​
29​	Philippines​	1,289,281​	3.9​	36.1​
30​	Argentina​	1,274,807​	3.9​	35.7​
31​	Malaysia​	1,230,823​	3.7​	34.5​
32​	Colombia​	1,014,978​	3.1​	28.4​
33​	South Africa​	990,030​	3.0​	27.7​
34​	United Arab Emirates​	890,171​	2.7​	24.9​
35​	Romania​	783,903​	2.4​	21.9​
36​	Switzerland​	774,472​	2.3​	21.7​
37​	Belgium​	766,025​	2.3​	21.4​
38​	Singapore​	757,726​	2.3​	21.2​
39​	Ireland​	752,831​	2.3​	21.1​
40​	Sweden​	712,023​	2.2​	19.9​
41​	Kazakhstan​	652,597​	2.0​	18.3​
42​	Austria​	630,387​	1.9​	17.6​
43​	Norway​	452,996​	1.4​	12.7​
44​	Algeria​	620,971​	1.9​	17.4​
45​	Chile​	595,599​	1.8​	16.7​
46​	Ukraine​	444,194​	1.3​	12.4​
47​	Iraq​	560,307​	1.7​	15.7​
48​	Peru​	556,680​	1.7​	15.6​
49​	Hong Kong​	544,735​	1.6​	15.2​
50​	Czech Republic​	536,906​	1.6​	15.0​
51​	Israel​	533,992​	1.6​	14.9​
52​	Portugal​	460,130​	1.4​	12.9​
53​	Denmark​	432,489​	1.3​	12.1​
54​	Hungary​	426,941​	1.3​	12.0​
55​	Greece​	418,113​	1.3​	11.7​

Turkiye will most likely overtake UK and France within the next 2-3 years. Turkiye's 2023 growth was adjusted upwards to 4.2%, while France and UK are standing still if not shrinking.

 

[Heartbang]

Turkiye will most likely overtake UK and France within the next 2-3 years. Turkiye's 2023 growth was adjusted upwards to 4.2%, while France and UK are standing still if not shrinking.

That will be the time that the Greeks will make a move, at the "suggestion" of their fellow advisers(!).