Rent and economic model message from President Erdoğan

President Erdoğan said regarding the rent increases, "This is opportunism, we will deal with it after the election. We will not allow this with legal regulations." Erdoğan announced that the Turkish Economic Model will continue after May 14. Making evaluations regarding the agenda, President Recep Tayyip Erdoğan stated that rents have increased significantly in big cities and said, "This is not conscientious; it is not moral or humane. In other words, this is opportunism. We will definitely not allow this opportunism with legal regulations." Erdoğan said that the teams are working meticulously to prevent loss of rights in real estate in earthquake zones. "There is a new preparation" Making evaluations regarding the agenda and answering questions in a joint broadcast with TRT, Erdoğan said, "Istanbul is the place where the discussions regarding earthquake risk are most intense. What is the level of work regarding the relocation of structures in risky areas?" and answered the question, "Our Ministry has prepared a risk map covering the 39 districts of Istanbul. Accordingly, 220 thousand buildings and approximately 1.5 million independent units in Istanbul are at risk." President Erdoğan stated that the transformation of a total of 695 thousand houses in urgent need of transformation has been completed to date and that they are continuing the urban transformation projects in 188 different areas with an area of 412 million square meters in 39 districts. Stating that the construction of 93 thousand houses is still ongoing within this scope, Erdoğan continued as follows: "We are now in the midst of new preparations. Let's establish 2 separate cities with a total population of 1 million in Istanbul. Let's create such a reserve area as 500 thousand on one side of this Canal Istanbul and 500 thousand on the other side. This means the following; a reserve area of 500 thousand, 500 thousand and 1 million on the European and Asian sides. These settlements that we will build on the fringes of both sides of the city will virtually be a satellite city model. For this, we need 130 million square meters of land on the Anatolian and European sides. Our Ministry has largely determined the locations. Inflation will decrease Erdoğan also said regarding interest rates and inflation, "We said we would lower interest rates and we lowered them. What happened? Did we go bankrupt? In the meantime, inflation is also decreasing. "A bit of high inflation, but it has come down to this point, it will come down even further. What is important for us is high investment with low interest. Our righteousness is appreciated in the world. Our righteousness in the economy is appreciated in the world. There is no turning back from the Turkish Economic Model after May 14," he said.