Home    7 MILLION HOMES TO BE RENEWED IN 15 YEARS

Yetgin who is the chairman of the association of real estate investment companies said that “In the next 15 years, we have to regenerate 7,5 million homes, now we are renewing 100-120 thousand houses per year, but we have to increase this number to 500.”
He was a guest at the Saturday Meetings organized by the Businessmen who are from Mardin Association (MARİŞ) and made a presentation about the real estate sector.

2 MILLION PERSONS ARE EMPLOYED

Yetgin, noting that real estate is one of Turkey’s leading sectors, shared some statistics for this sector.

Yetgin who mentioned that almost 2 million 200 thousand people are currently employed in the real estate sector, he said that real estate sector affects the construction of the industry which affects nearly 250 sub-sectors, the situation is interrelated with the industry.

“CITY PLANNING MUST BE DONE”

Yetgin, who is said that one of the most important things that neglected in Turkey is  “city planning,” mentioned that everything started from there, London is the Second World War with green areas planning and intervening told for decades that remained faithful to this plan.

“7,5 MILLION RESIDENTS MUST BE RENOVATED”

Feyzullah Yetgin who is the chairman of the association of real estate investment companies, stating that Turkey should focus on urban transformation, “In the next 15 years we need to renew 7.5 million housing. Currently, the annual we renew 100-120 thousand houses, but this number 500 thousand we have to get. ”

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