Investigation of Some Real Estate Valuation Problems in Turkey

The urban population increases after the industrial revolution also increased the commercialization of real estate. In the future, this situation would require being able to determine the real estate values more than before. Today, real estate values are of much greater importance in terms of socioe...

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Main Author: Varol Koç
Format: Article
Language:English
Published: Çanakkale Onsekiz Mart University 2023-12-01
Series:Journal of Advanced Research in Natural and Applied Sciences
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/2930320
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author Varol Koç
author_facet Varol Koç
author_sort Varol Koç
collection DOAJ
description The urban population increases after the industrial revolution also increased the commercialization of real estate. In the future, this situation would require being able to determine the real estate values more than before. Today, real estate values are of much greater importance in terms of socioeconomic relations and activities in the world. Establishing a standardized real estate valuation system is among the important duties of public administrations. However, in general, the countries that could not catch up with the industrial revolution in the world and whose industrialization started very late and were not mature enough, could not reach the desired level in terms of real estate valuation. In other words, lagging in industrialization naturally leads to being late and behind in the real estate valuation branch, which is an output of industrialization. The problem created by this situation cannot remain local in today's socioeconomically globalized world. Therefore, the problem affects the whole world and developed countries. In this context, as an example, this study presents the contradictions related to the real estate legislation in Turkey and the application errors in valuation and offers suggestions for the elimination of all these.
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institution Kabale University
issn 2757-5195
language English
publishDate 2023-12-01
publisher Çanakkale Onsekiz Mart University
record_format Article
series Journal of Advanced Research in Natural and Applied Sciences
spelling doaj-art-760fe013ea6b452f9c0ff8f0bf9a9e852025-02-05T17:57:35ZengÇanakkale Onsekiz Mart UniversityJournal of Advanced Research in Natural and Applied Sciences2757-51952023-12-019485487010.28979/jarnas.1245637453Investigation of Some Real Estate Valuation Problems in TurkeyVarol Koç0https://orcid.org/0000-0003-4810-3845ONDOKUZ MAYIS ÜNİVERSİTESİThe urban population increases after the industrial revolution also increased the commercialization of real estate. In the future, this situation would require being able to determine the real estate values more than before. Today, real estate values are of much greater importance in terms of socioeconomic relations and activities in the world. Establishing a standardized real estate valuation system is among the important duties of public administrations. However, in general, the countries that could not catch up with the industrial revolution in the world and whose industrialization started very late and were not mature enough, could not reach the desired level in terms of real estate valuation. In other words, lagging in industrialization naturally leads to being late and behind in the real estate valuation branch, which is an output of industrialization. The problem created by this situation cannot remain local in today's socioeconomically globalized world. Therefore, the problem affects the whole world and developed countries. In this context, as an example, this study presents the contradictions related to the real estate legislation in Turkey and the application errors in valuation and offers suggestions for the elimination of all these.https://dergipark.org.tr/en/download/article-file/2930320real estatevaluationdevelopmentcost analysisregulationspublic administration
spellingShingle Varol Koç
Investigation of Some Real Estate Valuation Problems in Turkey
Journal of Advanced Research in Natural and Applied Sciences
real estate
valuation
development
cost analysis
regulations
public administration
title Investigation of Some Real Estate Valuation Problems in Turkey
title_full Investigation of Some Real Estate Valuation Problems in Turkey
title_fullStr Investigation of Some Real Estate Valuation Problems in Turkey
title_full_unstemmed Investigation of Some Real Estate Valuation Problems in Turkey
title_short Investigation of Some Real Estate Valuation Problems in Turkey
title_sort investigation of some real estate valuation problems in turkey
topic real estate
valuation
development
cost analysis
regulations
public administration
url https://dergipark.org.tr/en/download/article-file/2930320
work_keys_str_mv AT varolkoc investigationofsomerealestatevaluationproblemsinturkey