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Turkey Leads Global House Price League Table With 18Pc Rise

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Turkey leads global house price league table with 18pc rise

A doubling approx every 3.9 years. What could go wrong!

Turkey seems to have been suffering inflation for years, I remember decades ago having to contend with totally different pricing year on year and prices being very cheap at the end of season ( all the shops priced their stock at the beginning of the the year) and exchanging currency as late as possible. Wonder how many migrants they are housing too that might be affecting the situation now too. Not checked their currency latrely but most likely it has slumped along with many others over the last few years.

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I bet all the new houses have oil burners, gotta do something with all that ISIS oil. That said, wait a few months and see what the price is when a bomb lands on them. No cash buyers then, eh?

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