Home prices, rents skyrocket in Turkey amid economic turmoil


              A view of the construction of buildings, part of a residential compound in Istanbul, Tuesday Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally. (AP Photo/Khalil Hamra)
            
              A view of buildings, part of residential compounds in Istanbul, Tuesday Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally. (AP Photo/Khalil Hamra)
            
              A Real Estate agent checks online posts of apartments for rent, in his office in Istanbul, Tuesday Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally. (AP Photo/Khalil Hamra)
            
              A view of signs advertising apartments for sale and rent displayed on a glass window of a real estate office in Istanbul, Tuesday, Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally.  (AP Photo/Khalil Hamra)
            
              A poster reading 'For rent' in Turkish, pasted on a building in Istanbul, Tuesday, Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally. (AP Photo/Khalil Hamra)
            
              A view of two buildings part of a residential compound in Istanbul, Tuesday, Dec. 8, 2022. Economic turmoil driven by inflation of 85% has plunged Turkey into one of its worst property crises. Skyrocketing prices have made finding affordable housing to rent or buy an uphill battle for many, especially for millions earning minimum wage who also struggle to cover food and energy costs. Increasing construction costs and inflation have pushed up housing prices globally. (AP Photo/Khalil Hamra)
Home prices, rents skyrocket in Turkey amid economic turmoil